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Sands China (OTCMKTS:SCHYY) Shares Gap Up - Still a Buy?

Sands China logo with Consumer Discretionary background

Sands China Ltd. (OTCMKTS:SCHYY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $20.12, but opened at $21.32. Sands China shares last traded at $21.32, with a volume of 102 shares changing hands.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded shares of Sands China from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th.

Check Out Our Latest Research Report on Sands China

Sands China Trading Up 5.9%

The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 6.32. The firm's fifty day moving average is $19.16 and its 200-day moving average is $21.70.

Sands China Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, July 7th. Stockholders of record on Friday, May 30th will be paid a $0.2733 dividend. This represents a dividend yield of 1.45%. The ex-dividend date is Thursday, May 29th.

About Sands China

(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.

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