Las Vegas Sands stock down by 7.5%

Content Team 6 months ago
Las Vegas Sands stock down by 7.5%

Las Las Vegas Sands Corp. (NYSE: LVS) has seen a decline in its stock price by -2.34 in relation to its previous close of 56.35. The company has experienced a -7.50 percent decline in its stock price over the last five trading sessions.

Barrons Online reported that China covid concerns has seen a mixed performance on LVS recently. Opinions on the stock are mixed with some seeing it as a “buy” and others as a “hold”.

The stock is currently trading at a significant distance from its 50-day moving average and its 52-week high. To be more precise, 15 analysts rating LVS as a “buy,” one as “overweight,” three as “hold,” and 0 as “sell.”

Trading update

Las Vegas Sands Corp. (LVS: NYSE) has gone down by -7.5 percent this week, a drop of -13.81 percent this month and a downturn of  -4.25 percent this quarter with a monthly volatility of 2.61 percent.

Volatility ratio for the week is 3.19 percent and 2.61 percent over the month.

Moving average for the last 20 days is -8.59 percent with a simple moving average of 11.85 percent for the last 200 days.

LVS
(LVS: NYSE)

 

Leading casino company worldwide

Las Vegas Sands Corporation is an US casino and resort company with corporate headquarters in Paradise, Nevada, United States. Its corporate mission is to create “integrated resorts” that incorporate a combination of gambling, accommodation, retail and other leisure activities.

The company holds several resorts in Asia, including the Marina Bay Sands in Singapore, which opened in 2010. Through its majority-owned subsidiary Sands China, the company owns several properties in Macau including the Sands Macao, The Londoner Macao, The Venetian Macao, The Plaza Macao, and The Parisian Macao. It is the one of the leading casino companies worldwide by market cap.

 

Related topics:

Las Vegas Sands launches its $2 billion integrated resort in Macau (sigma.world)

Las Vegas Sands New York casino project approved (sigma.world)

Las Vegas Sands named to Dow Jones Stability Index for third year (sigma.world)

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