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

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

Sands China Stock Down 4.0 %

SCHYY stock opened at $20.77 on Monday. The company has a debt-to-equity ratio of 15.44, a current ratio of 1.55 and a quick ratio of 1.53. The business has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $23.12. Sands China has a twelve month low of $17.02 and a twelve month high of $31.31.

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.