Shares of Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 51,425 shares changed hands during trading, an increase of 91% from the previous session's volume of 26,931 shares.The stock last traded at $8.31 and had previously closed at $7.97.
Wall Street Analysts Forecast Growth
Separately, UBS Group cut shares of Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th.
Get Our Latest Research Report on Wynn Macau
Wynn Macau Trading Up 0.7%
The company's fifty day simple moving average is $6.96 and its 200-day simple moving average is $6.90.
Wynn Macau Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th were issued a dividend of $0.2015 per share. This represents a yield of 4.2%. This is a boost from Wynn Macau's previous dividend of $0.08. The ex-dividend date was Wednesday, May 28th.
About Wynn Macau
(
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Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.
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