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

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

Several equities research analysts recently issued reports on SXYAY shares. Zacks Research raised shares of SIKA from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Citigroup reissued a “buy” rating on shares of SIKA in a research note on Tuesday, August 4th. Royal Bank Of Canada restated a “sector perform” rating on shares of SIKA in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SIKA in a research note on Wednesday, July 29th.

SIKA Stock Performance

Shares of SXYAY opened at $23.75 on Monday. The business has a 50-day simple moving average of $21.62 and a two-hundred day simple moving average of $19.60. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.90 and a current ratio of 1.25. SIKA has a 52 week low of $15.75 and a 52 week high of $24.21.

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.