SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Receives Average Rating of “Hold” from Analysts

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have received a consensus rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

SXYAY has been the topic of several research analyst reports. Zacks Research downgraded SIKA from a “hold” rating to a “strong sell” rating in a research note on Monday, April 20th. Royal Bank Of Canada reissued a “sector perform” rating on shares of SIKA in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a report on Friday, May 15th.

SIKA Stock Performance

SIKA stock opened at $20.01 on Wednesday. The company has a current ratio of 1.25, a quick ratio of 0.90 and a debt-to-equity ratio of 0.62. The business’s 50-day simple moving average is $18.53 and its two-hundred day simple moving average is $18.95. SIKA has a fifty-two week low of $15.75 and a fifty-two week high of $27.52.

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.