SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Given Consensus Rating of “Hold” by Analysts

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has received a consensus rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

Several research analysts have recently issued reports on SXYAY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of SIKA in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SIKA in a research note on Friday, May 15th. Finally, Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a research note on Monday, April 20th.

SIKA Trading Down 2.0%

SIKA stock opened at $19.76 on Wednesday. The business has a 50 day moving average of $18.85 and a 200-day moving average of $18.97. SIKA has a 1 year low of $15.75 and a 1 year high of $27.52. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62.

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.