SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Given Average Recommendation of “Moderate Buy” by Brokerages

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has received an average rating of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and three have issued a strong buy rating on the company.

Several brokerages have recently commented on SXYAY. Rothschild Redb raised SIKA from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Royal Bank Of Canada lowered SIKA from a “moderate buy” rating to a “hold” rating in a research report on Monday, December 8th. Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. Citigroup restated a “buy” rating on shares of SIKA in a report on Thursday, January 8th. Finally, Barclays upgraded shares of SIKA from a “strong sell” rating to a “hold” rating in a research note on Friday, November 28th.

SIKA Stock Performance

SXYAY stock opened at $18.67 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.17 and a current ratio of 1.66. SIKA has a 52-week low of $18.29 and a 52-week high of $27.52. The company’s 50 day simple moving average is $19.79 and its 200-day simple moving average is $21.93.

About SIKA

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.