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Sands China (OTCMKTS:SCHYY) Downgraded by Citigroup to "Hold"

Sands China logo with Consumer Discretionary background

Citigroup lowered shares of Sands China (OTCMKTS:SCHYY - Free Report) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Sands China Trading Up 0.5 %

Shares of SCHYY traded up $0.10 during mid-day trading on Monday, hitting $21.69. 24,020 shares of the company were exchanged, compared to its average volume of 34,067. The company has a quick ratio of 1.53, a current ratio of 1.55 and a debt-to-equity ratio of 15.44. Sands China has a 1-year low of $17.02 and a 1-year high of $31.31. The company has a 50 day moving average of $24.78 and a 200-day moving average of $23.11.

Sands China Company Profile

(Get Free Report)

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

Further Reading

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