SIKA (OTCMKTS:SXYAY) Downgraded by Zacks Research to Strong Sell

Zacks Research cut shares of SIKA (OTCMKTS:SXYAY) from a hold rating to a strong sell rating in a research note issued to investors on Monday morning,Zacks.com reports.

Separately, Citigroup reissued a “buy” rating on shares of SIKA in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

SIKA Price Performance

OTCMKTS SXYAY opened at $19.21 on Monday. SIKA has a 12 month low of $15.75 and a 12 month high of $27.52. The stock’s fifty day moving average price is $18.25 and its 200-day moving average price is $19.38. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.25 and a quick ratio of 0.90.

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.