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

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

SXYAY has been the topic of several recent analyst reports. Citigroup reiterated a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Zacks Research lowered SIKA from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft downgraded SIKA to a “hold” rating in a report on Monday, December 8th. Royal Bank Of Canada cut shares of SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Barclays upgraded shares of SIKA from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th.

SIKA Trading Down 2.0%

Shares of OTCMKTS:SXYAY opened at $19.64 on Thursday. SIKA has a fifty-two week low of $18.29 and a fifty-two week high of $27.52. The firm’s 50-day simple moving average is $19.90 and its 200-day simple moving average is $20.96. The company has a quick ratio of 1.17, a current ratio of 1.66 and a debt-to-equity ratio of 0.90.

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.