Shares of Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 51,425 shares changed hands during mid-day 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 Analyst Weigh In
Separately, UBS Group cut Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th.
Check Out Our Latest Report on WYNMY
Wynn Macau Price Performance
The firm has a 50-day moving average price of $6.96 and a 200 day moving average price of $6.90.
Wynn Macau Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th were issued a $0.2015 dividend. The ex-dividend date of this dividend was Wednesday, May 28th. This is a boost from Wynn Macau's previous dividend of $0.08. This represents a yield of 4.2%.
Wynn Macau Company Profile
(
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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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