Sands China (OTCMKTS:SCHYY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Sands China (OTCMKTS:SCHYY) from a hold rating to a strong sell rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Morgan Stanley downgraded shares of Sands China from an “overweight” rating to an “equal weight” rating in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Sands China Price Performance

Shares of OTCMKTS:SCHYY opened at $17.31 on Tuesday. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.84 and a current ratio of 0.85. The business has a 50-day moving average of $18.13 and a two-hundred day moving average of $20.92. Sands China has a 12 month low of $16.39 and a 12 month 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.