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

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) have received an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, two have assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

Several brokerages have commented on SXYAY. Citigroup reissued a “buy” rating on shares of SIKA in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft lowered SIKA to a “hold” rating in a report on Monday, December 8th. Zacks Research cut SIKA from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 9th. Rothschild Redb raised SIKA from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Finally, Royal Bank Of Canada cut SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th.

SIKA Trading Down 0.1%

OTCMKTS SXYAY opened at $18.70 on Friday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.66 and a quick ratio of 1.17. The firm has a 50 day simple moving average of $19.72 and a 200-day simple moving average of $21.73. SIKA has a one year low of $18.29 and a one year 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.