Sands China (OTCMKTS:SCHYY) Lifted to Hold at Zacks Investment Research

Sands China (OTCMKTS:SCHYY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Sands China Ltd. operates as a developer, owner and operator of integrated resorts and casinos in Macau and is a subsidiary of Las Vegas Sands Corp. The Company’s assets include The Venetian Macao, The Sands Macao and The Plaza Macau. It also provides human resources administration, travel and tourism agency, mall management, ferry transportation and leasing services, procurement, marketing and administrative services. Sands China Ltd. is headquartered in Macau. “

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. upgraded Sands China from an “underweight” rating to a “neutral” rating in a report on Friday, November 19th. Credit Suisse Group upgraded Sands China from a “neutral” rating to an “outperform” rating in a report on Wednesday.

SCHYY stock opened at $26.54 on Thursday. The business’s 50-day moving average price is $22.42 and its two-hundred day moving average price is $33.02. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 4.84. Sands China has a 1-year low of $18.75 and a 1-year high of $52.11.

About Sands China

Sands China Ltd., an investment holding company, develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao-Resort-Hotel, the Londoner Macao, The Parisian Macao resort, The Plaza Macao, and Sands Macao casino; the Cotai Expo, an convention and exhibition hall; and the Cotai Arena, an entertainment venue, as well as Cotai Water Jet ferry for leisure and business travelers.

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