Sands China (OTCMKTS:SCHYY) Stock Rating Lowered by Zacks Research

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

Separately, Morgan Stanley cut shares of Sands China from an “overweight” rating to an “equal weight” rating in a 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 company. According to MarketBeat, Sands China currently has a consensus rating of “Hold”.

Sands China Trading Down 0.6%

SCHYY opened at $16.87 on Tuesday. 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 business’s 50-day moving average is $18.19 and its two-hundred day moving average is $20.98. Sands China has a 1 year low of $16.39 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.