SIKA (SXYAY) to Release Earnings on Tuesday

SIKA (OTCMKTS:SXYAY) is projected to post its resultson Tuesday, July 28th. Analysts expect the company to post earnings of $0.3982 per share and revenue of $6.7591 billion for the quarter.

SIKA Price Performance

Shares of OTCMKTS:SXYAY opened at $18.95 on Monday. The company’s 50-day moving average price is $19.57 and its two-hundred day moving average price is $18.95. 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 one year low of $15.75 and a one year high of $26.32.

Analyst Upgrades and Downgrades

SXYAY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SIKA in a report on Thursday, July 2nd. Zacks Research raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, SIKA presently has a consensus rating of “Moderate Buy”.

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.