Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) reached a new 52-week low on Monday. The stock traded as low as $13.45 and last traded at $13.45, with a volume of 155 shares traded. The stock had previously closed at $14.12.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Sands China from a “strong sell” rating to a “hold” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Analysis on Sands China
Sands China Stock Performance
The stock has a 50 day simple moving average of $16.01 and a 200-day simple moving average of $19.42.
About Sands China
Sands China Ltd. is an integrated resort developer and operator based in Macau. The company is a subsidiary of Las Vegas Sands Corp. and focuses on providing gaming, hospitality, entertainment, retail, dining and convention services in the Macau market.
Its portfolio includes The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and the Plaza Macao, which includes Four Seasons Hotel Macao. These properties combine casino gaming with luxury hotels, shopping malls, restaurants, theaters, entertainment venues and meeting and exhibition facilities.
Sands China has played a significant role in the development of Macau’s Cotai area as a major integrated-resort and tourism destination.
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