Sands China (OTCMKTS:SCHYY) Downgraded by Citigroup to Hold

Citigroup lowered shares of Sands China (OTCMKTS:SCHYY) from a strong-buy rating to a hold rating in a report released on Monday,Zacks.com reports.

Sands China Price Performance

Shares of SCHYY opened at $20.77 on Monday. The company has a debt-to-equity ratio of 15.44, a quick ratio of 1.53 and a current ratio of 1.55. The company’s fifty day simple moving average is $25.15 and its 200 day simple moving average is $23.11. Sands China has a 1-year low of $17.02 and a 1-year high of $31.31.

About Sands China

Sands China Ltd. develops, owns, and operates integrated resorts and casinos in Macao. It owns and operates The Venetian Macao, The Londoner Macao, The Parisian Macao resort, The Plaza Macao, and The Sands Macao casino; the Cotai Expo, a convention and exhibition hall; and the Cotai Arena and the Londoner Arena entertainment venues, as well as Cotai Water Jet ferry for leisure and business travelers.