Shares of Sika AG (OTCMKTS:SXYAY - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $22.28 and last traded at $22.30, with a volume of 182592 shares changing hands. The stock had previously closed at $23.49.
Wall Street Analyst Weigh In
Separately, Barclays cut Sika from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, January 6th.
View Our Latest Stock Report on SXYAY
Sika Stock Performance
The business's 50-day moving average is $25.29 and its two-hundred day moving average is $26.32.
Sika Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 28th will be issued a dividend of $0.2025 per share. The ex-dividend date is Friday, March 28th. This is a positive change from Sika's previous dividend of $0.16.
Sika Company Profile
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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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