Sands China (OTCMKTS:SCHYY) Upgraded at Hsbc Global Res

Sands China (OTCMKTS:SCHYY) was upgraded by stock analysts at Hsbc Global Res from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday,Zacks.com reports.

A number of other equities analysts have also recently issued reports on the stock. Zacks Research cut shares of Sands China from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 9th. HSBC upgraded shares of Sands China to a “buy” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Sands China Price Performance

OTCMKTS SCHYY opened at $24.29 on Thursday. The company has a fifty day simple moving average of $26.07 and a 200 day simple moving average of $25.62. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.55. Sands China has a 1 year low of $15.41 and a 1 year high of $29.04.

Sands China Company Profile

Sands China Ltd is a Macau-based developer and operator of integrated resorts and casino properties. As a subsidiary of Las Vegas Sands Corp., the company focuses on the development, ownership and operation of large-scale destination resorts that combine gaming with hotels, retail, dining, meetings and entertainment. Its portfolio includes well-known integrated resorts on the Macau Peninsula and the Cotai Strip that are designed to serve both leisure tourists and business travelers.

The company’s core activities include casino gaming operations (table games and electronic gaming), hotel management, retail mall operations, food and beverage services, and the provision of convention and exhibition facilities.