Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY – Get Free Report)’s share price was down 4.9% during trading on Monday. The stock traded as low as $5.55 and last traded at $5.60. Approximately 5,881 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 13,378 shares. The stock had previously closed at $5.8916.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised Wynn Macau from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Wynn Macau currently has an average rating of “Strong Buy”.
Read Our Latest Stock Report on WYNMY
Wynn Macau Trading Down 0.9%
The firm’s fifty day moving average is $6.47 and its 200 day moving average is $6.98.
About Wynn Macau
Wynn Macau Limited operates luxury integrated resorts in Macau, combining casino gaming with hotel accommodations, dining, retail, entertainment and other leisure services. Its properties serve visitors to Macau, a major tourism and gaming destination in China.
The company operates Wynn Macau on the Macau Peninsula and Wynn Palace in Cotai. Wynn Macau opened in 2006, followed by Wynn Palace in 2016. Both resorts offer gaming facilities alongside hospitality and entertainment amenities.
Wynn Macau Limited is part of the Wynn Resorts group, which develops and operates resort properties.
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