SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Short Interest Update

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 322,074 shares, a growth of 398.1% from the June 15th total of 64,664 shares. Based on an average daily trading volume, of 498,564 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Several brokerages recently issued reports on SXYAY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of SIKA in a research report on Thursday, July 2nd. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a report on Tuesday, May 5th. Finally, Zacks Research raised shares of SIKA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

SIKA Stock Down 2.6%

Shares of SXYAY stock traded down $0.53 on Monday, reaching $19.62. The company’s stock had a trading volume of 48,923 shares, compared to its average volume of 270,139. The company has a current ratio of 1.25, a quick ratio of 0.90 and a debt-to-equity ratio of 0.62. SIKA has a 12-month low of $15.75 and a 12-month high of $26.32. The stock’s 50 day simple moving average is $19.34 and its 200-day simple moving average is $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.