Sika (OTC:SKFOF) Stock Price Up 2.8% – What’s Next?

Sika AG (OTC:SKFOF) shares shot up 2.8% on Tuesday . The stock traded as high as C$191.34 and last traded at C$191.34. 3 shares were traded during mid-day trading, a decline of 98% from the average session volume of 191 shares. The stock had previously closed at C$186.21.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of Sika to a “buy” rating in a research note on Monday, November 24th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Sika Trading Up 2.8%

The business’s 50-day simple moving average is C$196.82 and its 200-day simple moving average is C$215.31.

Sika Company Profile

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, and decorative finishes for exterior and interior walls, as well as exterior insulation finishing systems; admixtures and additives for concrete, cement, and mortar production; and flat roofing systems, including flexible sheets and liquid-applied membranes under the Sika Sarnafil brand, as well as vapor control layers, adhesives, insulation, fixation, roof drainages, leak monitoring and detection systems, and accessories.