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SIKA (OTCMKTS:SXYAY) Sees Large Volume Increase - Still a Buy?

SIKA logo with Basic Materials background

SIKA AG - Unsponsored ADR (OTCMKTS:SXYAY - Get Free Report) saw strong trading volume on Monday . 440,678 shares were traded during 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 Analyst Weigh In

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

Read Our Latest Analysis on SXYAY

SIKA Stock Performance

The business's fifty day moving average price is $25.86 and its two-hundred day moving average price is $25.26. 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

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in SIKA Right Now?

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