Sands China (OTCMKTS:SCHYY) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Sands China Ltd. (OTCMKTS:SCHYY)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $23.54 and traded as high as $24.16. Sands China shares last traded at $23.48, with a volume of 19,096 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Hsbc Global Res upgraded shares of Sands China to a “hold” rating in a report on Friday, February 7th. Citigroup raised shares of Sands China from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 21st.

Sands China Trading Down 0.3 %

The company’s fifty day moving average is $23.38 and its two-hundred day moving average is $23.57. The company has a quick ratio of 1.53, a current ratio of 1.55 and a debt-to-equity ratio of 15.44.

Sands China Company Profile

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.