Sika (OTC:SKFOF) Stock Price Down 3.5% – Should You Sell?

Sika AG (OTC:SKFOF) shares traded down 3.5% during trading on Wednesday . The stock traded as low as C$197.73 and last traded at C$197.73. 2 shares traded hands during trading, a decline of 99% from the average session volume of 337 shares. The stock had previously closed at C$205.00.

Wall Street Analysts Forecast Growth

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

Sika Price Performance

The business’s 50-day moving average is C$198.49 and its two-hundred day moving average is C$209.57.

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.