SIKA (OTCMKTS:SXYAY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of SIKA (OTCMKTS:SXYAY) from a strong sell rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of SIKA in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, SIKA has an average rating of “Moderate Buy”.

SIKA Stock Down 3.9%

Shares of SXYAY stock opened at $20.22 on Tuesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90. SIKA has a one year low of $15.75 and a one year high of $26.48. The company’s 50-day moving average is $19.26 and its 200 day moving average is $19.03.

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.