Wynn Macau (OTCMKTS:WYNMF) Shares Gap Up – Should You Buy?

Wynn Macau, Limited (OTCMKTS:WYNMF)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $0.8139, but opened at $0.87. Wynn Macau shares last traded at $0.87, with a volume of 1,089 shares traded.

Analyst Ratings Changes

Separately, Citigroup upgraded Wynn Macau from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Wynn Macau Price Performance

The stock has a fifty day simple moving average of $0.86 and a two-hundred day simple moving average of $0.79.

Wynn Macau Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were paid a dividend of $0.185 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a yield of 535.0%.

About Wynn Macau

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.