Free Trial

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.
  • Looking to export and analyze Sands China data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Sands China Ltd. (OTCMKTS:SCHYY - Get Free Report)'s share price gapped up before the market opened 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.

Analysts Set New Price Targets

Separately, UBS Group cut Sands China from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy".

Read Our Latest Stock Report on SCHYY

Sands China Stock Performance

The business has a fifty day moving average price of $23.51 and a 200 day moving average price of $21.35. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 6.32.

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Sands China Right Now?

Before you consider Sands China, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sands China wasn't on the list.

While Sands China currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Quiet Growth Stocks With Major Momentum
The Market’s Next Big Winners? Start Here
5 High Short Interest Stocks to Buy Before November

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines