SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY) from a hold rating to a sell rating in a research report report published on Thursday, 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 stock. Goldman Sachs Group lowered shares of SANDS CHINA Ltd/ADR from a buy rating to a neutral rating in a research note on Monday, May 27th. HSBC raised shares of SANDS CHINA Ltd/ADR from a hold rating to a buy rating in a research note on Friday, June 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. SANDS CHINA Ltd/ADR presently has an average rating of Hold.

SANDS CHINA Ltd/ADR stock opened at $44.77 on Thursday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.64 and a quick ratio of 1.63. The firm has a 50-day moving average price of $48.76 and a two-hundred day moving average price of $49.48. SANDS CHINA Ltd/ADR has a 52-week low of $37.63 and a 52-week high of $56.10.

SANDS CHINA Ltd/ADR Company Profile

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 Sands Cotai Central resort, The Parisian Macao resort, The Plaza Macao, and Sands Macao casino; the CotaiExpo, an convention and exhibition hall; and the Cotai Arena, an entertainment venue.

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