SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company.

A number of research firms have weighed in on SXYAY. Zacks Research cut shares of SIKA from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. Citigroup restated a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Royal Bank Of Canada cut SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Barclays raised shares of SIKA from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of SIKA to a “hold” rating in a research note on Monday, December 8th.

SIKA Price Performance

OTCMKTS SXYAY opened at $20.49 on Thursday. The company’s fifty day simple moving average is $19.85 and its 200-day simple moving average is $21.11. SIKA has a 52 week low of $18.29 and a 52 week high of $27.52. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.66 and a quick ratio of 1.17.

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.