SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Given Consensus Recommendation of “Hold” by Analysts

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have received a consensus recommendation of “Hold” from the seven ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have recently weighed in on SXYAY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a research report on Friday, May 15th. Zacks Research cut SIKA from a “hold” rating to a “strong sell” rating in a research report on Monday, April 20th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research report on Tuesday, May 5th.

SIKA Trading Up 0.9%

SIKA stock opened at $20.01 on Wednesday. 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. The business has a fifty day moving average price of $18.53 and a 200-day moving average price of $18.95.

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.