Sands China (OTCMKTS:SCHYY) Lowered to “Hold” Rating by Citigroup

Sands China (OTCMKTS:SCHYY) was downgraded by equities researchers at Citigroup from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Sands China Trading Down 4.0 %

Shares of Sands China stock opened at $20.77 on Monday. Sands China has a 12 month low of $17.02 and a 12 month high of $31.31. The company has a quick ratio of 1.53, a current ratio of 1.55 and a debt-to-equity ratio of 15.44. The stock’s fifty day simple moving average is $25.15 and its 200 day simple moving average is $23.11.

About Sands China

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.