Zacks Investment Research Lowers SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY) to Sell

Zacks Investment Research cut shares of SANDS CHINA Ltd/ADR (OTCMKTS:SCHYY) from a hold rating to a sell rating in a report published on Tuesday, Zacks.com reports.

According to Zacks, “Sands China Ltd. operates as a developer, owner and operator of integrated resorts and casinos in Macau and is a subsidiary of Las Vegas Sands Corp. The Company’s assets include The Venetian Macao, The Sands Macao and The Plaza Macau. It also provides human resources administration, travel and tourism agency, mall management, ferry transportation and leasing services, procurement, marketing and administrative services. Sands China Ltd. is headquartered in Macau. “

SCHYY has been the topic of a number of other reports. HSBC raised shares of SANDS CHINA Ltd/ADR from a hold rating to a buy rating in a research note on Friday, June 7th. Goldman Sachs Group lowered shares of SANDS CHINA Ltd/ADR from a buy rating to a neutral rating in a research note on Monday, May 27th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. SANDS CHINA Ltd/ADR currently has a consensus rating of Hold.

Shares of SANDS CHINA Ltd/ADR stock opened at $47.50 on Tuesday. The firm has a market capitalization of $38.89 billion, a PE ratio of 20.47, a P/E/G ratio of 1.26 and a beta of 1.56. SANDS CHINA Ltd/ADR has a twelve month low of $37.63 and a twelve month high of $56.10. The firm’s 50-day moving average price is $46.00 and its 200 day moving average price is $49.14. The company has a current ratio of 1.64, a quick ratio of 1.63 and a debt-to-equity ratio of 1.26.

SANDS CHINA Ltd/ADR Company Profile

Sands China Ltd., an investment holding company, develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao-Resort-Hotel, the Sands Cotai Central resort, The Parisian Macao resort, The Plaza Macao, and Sands Macao casino; the CotaiExpo, an convention and exhibition hall; and the Cotai Arena, an entertainment venue.

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