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

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and three have given a strong buy recommendation to the company.

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of SIKA to a “hold” rating in a research note on Monday, December 8th. Citigroup reissued a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Zacks Research raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Finally, Royal Bank Of Canada cut SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th.

SIKA Trading Down 1.6%

Shares of SXYAY opened at $16.32 on Friday. The company’s 50-day simple moving average is $18.64 and its 200-day simple moving average is $19.83. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90. SIKA has a 1 year low of $15.75 and a 1 year high of $27.52.

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.