Sands China (OTCMKTS:SCHYY) Hits New 12-Month Low – Should You Sell?

Sands China Ltd. (OTCMKTS:SCHYY) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $15.40 and last traded at $15.41, with a volume of 27098 shares traded. The stock had previously closed at $15.51.

Analyst Ratings Changes

A number of brokerages recently weighed in on SCHYY. Zacks Research cut shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. Morgan Stanley cut shares of Sands China from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Sands China Trading Up 0.2%

The company has a debt-to-equity ratio of 4.44, a current ratio of 0.85 and a quick ratio of 0.84. The stock’s 50-day simple moving average is $17.71 and its 200 day simple moving average is $19.18.

About Sands China

Sands China Ltd. is a Macau-based developer and operator of integrated resort properties. The company is a subsidiary of Las Vegas Sands Corp. and focuses on combining casino gaming with hospitality, entertainment, retail, dining, and convention and exhibition facilities.

Its portfolio includes The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza Macao featuring Four Seasons Hotel Macao, and Sands Macao. These properties offer hotel accommodations, casino operations, meeting and convention venues, shopping centers, restaurants, live entertainment, and other leisure attractions.

Sands China has played a significant role in the development of Macau’s Cotai Strip as a destination for tourism, business events, and entertainment.