Sika (OTCMKTS:SXYAY) Stock Price Up 1.5% – Here’s Why

Shares of Sika AG (OTCMKTS:SXYAYGet Free Report) rose 1.5% on Thursday . The stock traded as high as $26.31 and last traded at $26.30. Approximately 60,316 shares changed hands during trading, a decline of 63% from the average daily volume of 161,667 shares. The stock had previously closed at $25.91.

Wall Street Analyst Weigh In

Separately, Barclays downgraded Sika from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, January 6th.

Check Out Our Latest Analysis on Sika

Sika Price Performance

The firm has a 50-day simple moving average of $24.87 and a 200 day simple moving average of $27.70.

About Sika

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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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