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

Hsbc Global Res upgraded shares of Sands China (OTCMKTS:SCHYY) from a hold rating to a strong-buy rating in a research report released on Thursday morning,Zacks.com reports.

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

Sands China Trading Down 2.8%

Shares of OTCMKTS SCHYY opened at $23.62 on Thursday. Sands China has a 1 year low of $15.41 and a 1 year high of $29.04. The firm’s 50-day moving average is $26.02 and its 200-day moving average is $25.66. 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 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.