SIKA (OTCMKTS:SXYAY) Upgraded at Barclays

Barclays upgraded shares of SIKA (OTCMKTS:SXYAY) from a strong sell rating to a hold rating in a research report sent to investors on Friday morning,Zacks.com reports.

A number of other analysts have also recently weighed in on the stock. Citigroup reaffirmed a “neutral” rating on shares of SIKA in a research report on Friday, October 10th. Rothschild Redb upgraded SIKA from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of SIKA in a research note on Tuesday, September 2nd. Three research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

SIKA Stock Up 0.6%

Shares of SXYAY stock opened at $19.67 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.66 and a debt-to-equity ratio of 0.90. SIKA has a fifty-two week low of $18.29 and a fifty-two week high of $27.52. The firm’s 50 day moving average price is $20.63 and its two-hundred day moving average price is $23.51.

About SIKA

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, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.