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

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a research note on Wednesday, July 29th. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research report on Wednesday, July 29th. Zacks Research upgraded shares of SIKA from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of SIKA in a report on Tuesday, August 4th.

SIKA Trading Down 0.1%

Shares of OTCMKTS:SXYAY opened at $23.73 on Thursday. The business has a 50-day moving average of $20.66 and a two-hundred day moving average of $19.27. SIKA has a fifty-two week low of $15.75 and a fifty-two week high of $24.21. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62.

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.