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

SIKA AG – Unsponsored ADR (OTCMKTS:SXYAY) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have commented on SXYAY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of SIKA in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of SIKA in a report 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 Stock Performance

OTCMKTS SXYAY opened at $22.06 on Friday. SIKA has a twelve month low of $15.75 and a twelve month high of $24.21. The firm has a 50-day simple moving average of $22.53 and a 200 day simple moving average of $19.97. The company has a current ratio of 1.25, a quick ratio of 0.90 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.