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

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

Sands China Stock Down 4.0 %

OTCMKTS:SCHYY opened at $20.77 on Monday. Sands China has a 1 year low of $17.02 and a 1 year 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 has a 50-day simple moving average of $25.04 and a 200-day simple moving average of $23.12.

Sands China Company Profile

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.