SIKA (OTCMKTS:SXYAY) Sees Unusually-High Trading Volume - Still a Buy?

SIKA AG - Unsponsored ADR (OTCMKTS:SXYAY - Get Free Report) shares saw strong trading volume on Monday . 440,678 shares were traded during mid-day trading, an increase of 119% from the previous session's volume of 201,534 shares.The stock last traded at $25.96 and had previously closed at $25.74.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SXYAY shares. The Goldman Sachs Group upgraded shares of SIKA to a "strong-buy" rating in a research note on Tuesday, June 17th. Sanford C. Bernstein raised shares of SIKA to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, Royal Bank Of Canada raised shares of SIKA to a "moderate buy" rating in a research note on Tuesday, May 13th.

SIKA Stock Up 1.2%

The business has a fifty day moving average of $25.69 and a 200 day moving average of $25.23. The company has a quick ratio of 1.24, a current ratio of 1.76 and a debt-to-equity ratio of 0.77.

SIKA Company Profile

Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.

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