Sands China (OTCMKTS:SCHYY) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Sands China (OTCMKTS:SCHYYGet Rating) from a sell rating to a hold rating in a research report sent to investors on Saturday, 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. “

Shares of Sands China stock opened at $17.45 on Friday. Sands China has a 12-month low of $17.32 and a 12-month high of $46.03. The company has a quick ratio of 0.80, a current ratio of 0.82 and a debt-to-equity ratio of 8.95. The company has a 50-day moving average of $22.22 and a two-hundred day moving average of $24.06.

About Sands China (Get Rating)

Sands China Ltd., an investment holding company, 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, an entertainment venue, as well as Cotai Water Jet ferry for leisure and business travelers.

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