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

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

Several equities research analysts have recently commented on SXYAY shares. Citigroup reaffirmed a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Royal Bank Of Canada lowered shares of SIKA from a “moderate buy” rating to a “hold” rating in a report on Monday, December 8th. Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. Barclays raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft lowered SIKA to a “hold” rating in a research report on Monday, December 8th.

SIKA Stock Performance

Shares of SIKA stock opened at $20.31 on Thursday. The firm’s 50-day simple moving average is $19.87 and its 200-day simple moving average is $21.04. SIKA has a 1 year low of $18.29 and a 1 year high of $27.52. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.17 and a current ratio of 1.66.

SIKA Company Profile

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.