SIKA (OTCMKTS:SXYAY) Trading 0.1% Higher – What’s Next?

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) shot up 0.1% during mid-day trading on Thursday . The stock traded as high as $25.34 and last traded at $25.31. 72,288 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 251,260 shares. The stock had previously closed at $25.28.

Wall Street Analysts Forecast Growth

SXYAY has been the subject of several research analyst reports. Sanford C. Bernstein upgraded shares of SIKA to a “strong-buy” rating in a report on Tuesday, May 13th. Royal Bank Of Canada raised shares of SIKA to a “moderate buy” rating in a research report on Tuesday, May 13th. Finally, The Goldman Sachs Group raised shares of SIKA to a “strong-buy” rating in a report on Tuesday, June 17th.

SIKA Trading Up 0.1%

The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average price is $26.39 and its 200-day moving average price is $25.42.

About SIKA

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.