SIKA (OTCMKTS:SXYAY) Sees Large Volume Increase – What’s Next?

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw unusually-high trading volume on Tuesday . Approximately 359,520 shares traded hands during trading, an increase of 165% from the previous session’s volume of 135,785 shares.The stock last traded at $18.3650 and had previously closed at $18.67.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Rothschild Redb raised SIKA from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Royal Bank Of Canada cut shares of SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft cut shares of SIKA to a “hold” rating in a research note on Monday, December 8th. Zacks Research lowered shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Finally, Citigroup reiterated a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Three equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, SIKA presently has a consensus rating of “Moderate Buy”.

SIKA Stock Down 1.8%

The company has a current ratio of 1.66, a quick ratio of 1.17 and a debt-to-equity ratio of 0.90. The business’s fifty day moving average price is $19.78 and its 200-day moving average price is $21.83.

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.