Sika AG traded at 134.10 this Friday March 13th, decreasing 3.05 or 2.22 percent since the previous trading session. Looking back, over the last four weeks, Sika AG lost 12.98 percent. Over the last 12 months, its price fell by 42.59 percent. Looking ahead, we forecast Sika AG to be priced at 130.73 by the end of this quarter and at 121.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sika AG is a Switzerland-based company active in the chemicals industry. The Company produces products primarily for the automobiles and auto parts, renewable energy, and equipment and components industries. The Company’s activities are divided into two business areas: the Construction Division offers a range of products, including concrete admixtures, ready-for-use mortars, roofing systems, waterproofing systems, flooring systems, and steel protection solutions, among others, and the Industry Division develops bonding, sealing, damping, glazing and reinforcing solutions, among others. The Company’s brands include Sarnafil, Sika, Sikadur, Sikaflex, SikaGrout, SikaPower, SikaHydroPrep, SikaReinforcer, Sika ViscoCrete, Sikaplan and SikaRapid, among others. The Company is globally active, with activities divided into geographical regions, namely Europe, Middle East and Africa (EMEA), North America, Latin America, and Asia/Pacific. The Company operates numerous subsidiaries.