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

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and three have issued a strong buy rating on the company.

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

SIKA Stock Performance

SXYAY opened at $20.49 on Thursday. The company has a quick ratio of 1.17, a current ratio of 1.66 and a debt-to-equity ratio of 0.90. The business’s 50 day moving average is $19.85 and its 200-day moving average is $21.11. SIKA has a twelve month low of $18.29 and a twelve month high of $27.52.

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.