Sands China (OTCMKTS:SCHYY) Sets New 1-Year Low – What’s Next?

Sands China Ltd. (OTCMKTS:SCHYY) shares reached a new 52-week low during mid-day trading on Monday. The company traded as low as $13.45 and last traded at $13.45, with a volume of 155 shares changing hands. The stock had previously closed at $14.12.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Sands China from a “strong sell” rating to a “hold” rating in a report on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Sands China Trading Up 2.3%

The company has a fifty day moving average of $16.18 and a 200 day moving average of $18.06. The company has a quick ratio of 0.59, a current ratio of 0.61 and a debt-to-equity ratio of 4.40.

Sands China Company Profile

Sands China Ltd. is an integrated resort developer and operator based in Macau. The company is a subsidiary of Las Vegas Sands Corp. and focuses on providing gaming, hospitality, entertainment, retail, dining and convention services in the Macau market.

Its portfolio includes The Venetian Macao, The Londoner Macao, The Parisian Macao, Sands Macao and the Plaza Macao, which includes Four Seasons Hotel Macao. These properties combine casino gaming with luxury hotels, shopping malls, restaurants, theaters, entertainment venues and meeting and exhibition facilities.

Sands China has played a significant role in the development of Macau’s Cotai area as a major integrated-resort and tourism destination.