Sims Metal Management (OTCMKTS:SMSMY) Trading Down 7.3% – Time to Sell?

Posted by Francis Steltz on Jun 11th, 2026

Sims Metal Management Ltd. (OTCMKTS:SMSMY – Get Free Report)’s stock price was down 7.3% during trading on Thursday . The company traded as low as $18.01 and last traded at $18.01. Approximately 563 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 5,605 shares. The stock had previously closed at $19.43.

Analyst Ratings Changes

A number of equities analysts recently commented on SMSMY shares. Zacks Research downgraded Sims Metal Management from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group upgraded Sims Metal Management from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 10th. Finally, Royal Bank Of Canada upgraded Sims Metal Management from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Sims Metal Management

Sims Metal Management Stock Down 1.6%

The stock has a 50 day simple moving average of $15.57 and a 200 day simple moving average of $14.07.

Sims Metal Management Company Profile

(Get Free Report)

Sims Metal Management, trading over-the-counter under the symbol SMSMY, is the global metal recycling division of Sims Limited. Established in the early 20th century, the company has grown into one of the world’s leading recyclers of ferrous and non-ferrous metals. It serves a diverse customer base, including steel mills, foundries, manufacturers and fabricators, by collecting, processing and trading scrap metal commodities.

The company’s core activities encompass the sourcing and processing of end-of-life metal products.