Sands China (OTCMKTS:SCHYY) Stock Rating Upgraded by Hsbc Global Res

Sands China (OTCMKTS:SCHYY) was upgraded by Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

A number of other research firms have also recently weighed in on SCHYY. Zacks Research cut Sands China from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 9th. HSBC raised Sands China to a “buy” rating in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Sands China Price Performance

SCHYY stock opened at $23.62 on Thursday. Sands China has a 12-month low of $15.41 and a 12-month high of $29.04. The stock’s 50 day simple moving average is $26.02 and its 200 day simple moving average is $25.64. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.55.

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.