Free Trial

Wynn Macau (OTCMKTS:WYNMY) Stock Passes Above 50-Day Moving Average - Should You Sell?

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.68 and traded as high as $6.76. Wynn Macau shares last traded at $6.76, with a volume of 1,800 shares changing hands.

Analysts Set New Price Targets

WYNMY has been the subject of a number of research reports. UBS Group lowered shares of Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th. Seaport Res Ptn raised Wynn Macau to a "strong-buy" rating in a report on Friday, February 14th.

Get Our Latest Analysis on Wynn Macau

Wynn Macau Trading Down 4.4%

The firm's fifty day moving average is $6.68 and its 200-day moving average is $6.94.

Wynn Macau Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.2015 per share. This represents a dividend yield of 4.2%. This is an increase from Wynn Macau's previous dividend of $0.08. The ex-dividend date of this dividend is Wednesday, May 28th.

Wynn Macau Company Profile

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in Wynn Macau Right Now?

Before you consider Wynn Macau, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Macau wasn't on the list.

While Wynn Macau currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines