Sands China (OTCMKTS:SCHYY) Rating Increased to Hold at Zacks Research

Sands China (OTCMKTS:SCHYY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Separately, Morgan Stanley downgraded Sands China from an “overweight” rating to an “equal weight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Sands China currently has an average rating of “Moderate Buy”.

Sands China Price Performance

SCHYY stock opened at $17.15 on Monday. The company’s 50 day moving average is $20.03 and its 200 day moving average is $22.38. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.84 and a current ratio of 0.85. Sands China has a 1-year low of $17.06 and a 1-year high of $29.04.

About Sands China

Sands China Ltd is a Macau-based developer and operator of integrated resorts and casino properties. As a subsidiary of Las Vegas Sands Corp., the company focuses on the development, ownership and operation of large-scale destination resorts that combine gaming with hotels, retail, dining, meetings and entertainment. Its portfolio includes well-known integrated resorts on the Macau Peninsula and the Cotai Strip that are designed to serve both leisure tourists and business travelers.

The company’s core activities include casino gaming operations (table games and electronic gaming), hotel management, retail mall operations, food and beverage services, and the provision of convention and exhibition facilities.