SIKA (OTCMKTS:SXYAY) Upgraded at Zacks Research

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

A number of other equities analysts also recently issued reports on SXYAY. Citigroup reiterated a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Royal Bank Of Canada downgraded shares of SIKA from a “moderate buy” rating to a “hold” rating in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft cut SIKA to a “hold” rating in a research report on Monday, December 8th. Finally, Barclays raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

SIKA Price Performance

Shares of SIKA stock opened at $16.80 on Monday. The company has a current ratio of 1.66, a quick ratio of 1.17 and a debt-to-equity ratio of 0.90. The firm’s 50-day moving average is $19.29 and its two-hundred day moving average is $20.33. SIKA has a 1 year low of $16.78 and a 1 year high of $27.52.

SIKA Company Profile

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.