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Sika (OTCMKTS:SXYAY) Stock Price Up 0.7% - Here's Why

Sika logo with Basic Materials background

Sika AG (OTCMKTS:SXYAY - Get Free Report)'s stock price was up 0.7% during mid-day trading on Friday . The stock traded as high as $26.84 and last traded at $26.66. Approximately 57,958 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 189,947 shares. The stock had previously closed at $26.48.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Sanford C. Bernstein raised Sika to a "strong-buy" rating in a research note on Tuesday, May 13th. Royal Bank of Canada upgraded shares of Sika to a "moderate buy" rating in a research report on Tuesday, May 13th.

Read Our Latest Stock Report on SXYAY

Sika Trading Up 0.8%

The company's 50-day moving average price is $25.10 and its 200 day moving average price is $25.23.

About Sika

(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.

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