SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) Stock Rated “Moderate Buy” by Wall Street Brokerages

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have weighed in on SXYAY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a research report on Wednesday, July 29th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of SIKA in a research note on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of SIKA in a research note on Tuesday, August 4th. Finally, Zacks Research raised SIKA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 7th.

SIKA Price Performance

OTCMKTS SXYAY opened at $22.06 on Friday. SIKA has a 1 year low of $15.75 and a 1 year high of $24.21. The company has a fifty day simple moving average of $22.53 and a 200 day simple moving average of $19.97. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 0.62.

SIKA Company Profile

Sika AG is a Switzerland-based specialty chemicals company that develops and manufactures products for the construction and industrial manufacturing sectors. Its solutions are used in areas such as concrete production, building sealing, roofing, flooring, waterproofing, structural strengthening, and infrastructure repair.

The company’s product portfolio includes concrete admixtures, mortars, sealants, adhesives, coatings, and systems for protecting and repairing buildings and civil infrastructure.