Sands China (OTCMKTS:SCHYY) Stock Crosses Above 200 Day Moving Average – Here’s Why

Sands China Ltd. (OTCMKTS:SCHYYGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $24.64 and traded as high as $27.00. Sands China shares last traded at $26.9870, with a volume of 5,068 shares.

Analyst Ratings Changes

Separately, Zacks Research lowered Sands China from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on SCHYY

Sands China Price Performance

The firm has a 50 day moving average price of $26.11 and a 200-day moving average price of $24.64.

Sands China Company Profile

(Get Free Report)

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.

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