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

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

Several equities analysts have issued reports on SXYAY shares. Citigroup restated a “buy” rating on shares of SIKA in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “hold” 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, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of SIKA in a research note on Wednesday, July 29th.

SIKA Trading Up 2.4%

Shares of OTCMKTS SXYAY opened at $24.16 on Thursday. SIKA has a fifty-two week low of $15.75 and a fifty-two week high of $24.21. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62. The company has a 50 day simple moving average of $20.20 and a two-hundred day simple moving average of $19.09.

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.