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Sands China (OTCMKTS:SCHYY) Shares Gap Up - Here's Why

Sands China logo with Consumer Discretionary background

Key Points

  • Sands China Ltd. experienced a significant stock price increase, opening at $27.56 after closing at $26.13 the previous day.
  • UBS Group downgraded Sands China from a "strong-buy" to a "hold" rating, while the overall analyst consensus remains a "Moderate Buy."
  • The company's key financial metrics include a debt-to-equity ratio of 6.32 and it owns several prominent integrated resorts and casinos in Macao.
  • MarketBeat previews the top five stocks to own by October 1st.

Sands China Ltd. (OTCMKTS:SCHYY - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $26.13, but opened at $27.56. Sands China shares last traded at $26.70, with a volume of 422 shares changing hands.

Sands China Trading Down 1.2%

The company has a debt-to-equity ratio of 6.32, a current ratio of 0.76 and a quick ratio of 0.75. The business's fifty day moving average price is $24.24 and its two-hundred day moving average price is $21.53.

Sands China Company Profile

(Get Free Report)

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.

Further Reading

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