SIKA (SXYAY) Projected to Announce Quarterly Earnings on Tuesday

SIKA (OTCMKTS:SXYAY) is expected to post its resultson Tuesday, July 28th. Analysts expect SIKA to post earnings of $0.3982 per share and revenue of $6.7763 billion for the quarter.

SIKA Price Performance

SXYAY stock opened at $19.00 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.90 and a debt-to-equity ratio of 0.62. SIKA has a 1 year low of $15.75 and a 1 year high of $26.32. The stock’s fifty day moving average is $19.47 and its two-hundred day moving average is $18.99.

Analyst Ratings Changes

Several brokerages recently weighed in on SXYAY. Zacks Research upgraded shares of SIKA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada restated a “sector perform” rating on shares of SIKA in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SIKA in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, SIKA has an average rating of “Moderate Buy”.

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.