Wynn Macau (OTCMKTS:WYNMF) Hits New 52-Week Low – Here’s Why

Shares of Wynn Macau, Limited (OTCMKTS:WYNMF – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The company traded as low as $0.5425 and last traded at $0.5425, with a volume of 12,500 shares changing hands. The stock had previously closed at $0.5834.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Wynn Macau to a “buy” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy”.

View Our Latest Research Report on Wynn Macau

Wynn Macau Stock Performance

The firm has a 50-day simple moving average of $0.66 and a two-hundred day simple moving average of $0.70.

Wynn Macau Company Profile

(Get Free Report)

Wynn Macau Limited develops and operates integrated resort properties in Macau. Its resorts combine casino gaming with hotel accommodations, restaurants, retail outlets, entertainment, and other leisure amenities.

The company operates Wynn Macau on the Macau Peninsula and Wynn Palace in Cotai. Wynn Macau opened in 2006, while Wynn Palace opened in 2016. Wynn Macau Limited is part of the Wynn Resorts group.

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