SIKA (OTCMKTS:SXYAY) Sees Strong Trading Volume – Still a Buy?

Shares of SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) saw unusually-strong trading volume on Tuesday . Approximately 253,916 shares traded hands during trading, a decline of 6% from the previous session’s volume of 270,606 shares.The stock last traded at $20.68 and had previously closed at $20.65.

Analyst Upgrades and Downgrades

SXYAY has been the topic of several research analyst reports. Citigroup reissued a “neutral” rating on shares of SIKA in a research note on Friday, October 10th. Morgan Stanley reissued an “overweight” rating on shares of SIKA in a research report on Tuesday, September 2nd. Zacks Research lowered shares of SIKA from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. Rothschild Redb raised shares of SIKA from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Barclays upgraded shares of 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, one has given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

SIKA Trading Down 0.1%

The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.17 and a current ratio of 1.66. The company’s 50-day moving average is $19.81 and its 200 day moving average is $22.54.

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.