SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have been assigned an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and three have given a strong buy rating to the company.

SXYAY has been the topic of several recent research reports. Zacks Research downgraded shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft downgraded SIKA to a “hold” rating in a research report on Monday, December 8th. Barclays raised SIKA from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. Rothschild Redb upgraded SIKA from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Citigroup reissued a “buy” rating on shares of SIKA in a research note on Thursday, January 8th.

SIKA Trading Down 2.1%

SIKA stock opened at $18.67 on Friday. SIKA has a 52 week low of $18.29 and a 52 week high of $27.52. The company has a current ratio of 1.66, a quick ratio of 1.17 and a debt-to-equity ratio of 0.90. The stock has a 50-day moving average price of $19.79 and a 200 day moving average price of $21.93.

About SIKA

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures systems and products for bonding, sealing, damping, reinforcing and protecting in the building sector and in industrial manufacturing. Founded in 1910 and headquartered in Baar, Switzerland, Sika is best known for its portfolio of construction chemicals and industrial adhesives that serve new construction, refurbishment and industrial production applications.

The company’s product range includes concrete admixtures and repair mortars, sealants and adhesives, waterproofing membranes and roofing systems, flooring systems, façade and structural bonding solutions, and vibration-damping and acoustic solutions for industry.