Sands China Ltd. (OTCMKTS:SCHYY – Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 3,213 shares, a decline of 94.4% from the June 30th total of 56,910 shares. Based on an average trading volume of 184,961 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.
Sands China Stock Performance
Shares of OTCMKTS SCHYY opened at $17.82 on Friday. The stock’s 50-day simple moving average is $18.08 and its 200-day simple moving average is $20.90. Sands China has a fifty-two week low of $16.39 and a fifty-two week high of $29.04. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.85 and a quick ratio of 0.84.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on SCHYY. Zacks Research lowered shares of Sands China from a “hold” rating to a “strong sell” rating in a report on Tuesday. Morgan Stanley downgraded shares of Sands China from an “overweight” rating to an “equal weight” rating in a research note on Monday, June 22nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
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.
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