Sands China (OTCMKTS:SCHYY) Shares Gap Up – What’s Next?

Sands China Ltd. (OTCMKTS:SCHYY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $21.73, but opened at $22.72. Sands China shares last traded at $22.90, with a volume of 13,336 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SCHYY shares. HSBC upgraded shares of Sands China to a “buy” rating in a research report on Thursday, January 15th. Hsbc Global Res upgraded shares of Sands China from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 15th. Finally, Zacks Research downgraded shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Sands China Stock Performance

The stock’s 50-day simple moving average is $25.31 and its 200 day simple moving average is $25.65. The company has a debt-to-equity ratio of 5.55, a current ratio of 0.63 and a quick ratio of 0.61.

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.