SIKA (OTCMKTS:SXYAY) Stock Rating Upgraded by Zacks Research

SIKA (OTCMKTS:SXYAY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SIKA in a report on Thursday, July 2nd. Royal Bank Of Canada reiterated a “sector perform” rating on shares of SIKA in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

SIKA Trading Down 3.9%

Shares of SXYAY opened at $20.22 on Tuesday. SIKA has a twelve month low of $15.75 and a twelve month high of $26.48. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90. The firm has a fifty day simple moving average of $19.26 and a two-hundred day simple moving average of $19.03.

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.