Sands China (OTCMKTS:SCHYY) Reaches New 52-Week Low – Here’s What Happened

Shares of Sands China Ltd. (OTCMKTS:SCHYY) reached a new 52-week low on Monday . The stock traded as low as $17.31 and last traded at $17.4650, with a volume of 18705 shares. The stock had previously closed at $17.77.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SCHYY shares. Zacks Research raised shares of Sands China from a “strong sell” rating to a “hold” rating in a research note on Monday. Morgan Stanley lowered shares of Sands China from an “overweight” rating to an “equal weight” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Sands China Price Performance

The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.44. The company has a 50 day moving average of $20.03 and a two-hundred day moving average of $22.38.

Sands China Company Profile

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.