Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $19.00, but opened at $18.1715. Sands China shares last traded at $17.91, with a volume of 8,727 shares traded.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on SCHYY. Morgan Stanley lowered shares of Sands China from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 22nd. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Sands China has an average rating of “Hold”.
Read Our Latest Stock Report on Sands China
Sands China Stock Performance
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.
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