Sika (OTC:SKFOF) Trading Down 0.9% – Should You Sell?

Sika AG (OTC:SKFOF)’s share price dropped 0.9% during mid-day trading on Wednesday . The stock traded as low as C$253.53 and last traded at C$253.53. Approximately 2,077 shares traded hands during trading, an increase of 504% from the average daily volume of 344 shares. The stock had previously closed at C$255.84.

Sika Trading Down 0.9 %

The stock’s 50-day simple moving average is C$290.61 and its 200 day simple moving average is C$295.34.

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.