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

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently weighed in on SXYAY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SIKA in a research note on Wednesday, July 29th. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a report on Wednesday, July 29th. Zacks Research raised shares of SIKA from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Citigroup reaffirmed a “buy” rating on shares of SIKA in a report on Tuesday.

SIKA Trading Up 2.4%

Shares of SIKA stock opened at $24.16 on Thursday. The stock’s fifty day moving average is $20.20 and its two-hundred day moving average is $19.09. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62. SIKA has a 52 week low of $15.75 and a 52 week high of $24.21.

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.