Sands China (OTCMKTS:SCHYY – Get Free Report) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday, Zacks reports.
Sands China Price Performance
Shares of OTCMKTS:SCHYY opened at $13.61 on Tuesday. The company’s 50-day moving average price is $15.92 and its two-hundred day moving average price is $19.37. The company has a debt-to-equity ratio of 4.40, a current ratio of 0.61 and a quick ratio of 0.59. Sands China has a one year low of $13.45 and a one year high of $28.12.
Sands China Company Profile
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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