Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.70 and traded as high as $6.76. Wynn Macau shares last traded at $6.75, with a volume of 56,655 shares changing hands.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the stock. Seaport Res Ptn raised shares of Wynn Macau to a "strong-buy" rating in a report on Friday, February 14th. UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 30th.
View Our Latest Report on Wynn Macau
Wynn Macau Stock Performance
The business's 50 day simple moving average is $6.69 and its 200-day simple moving average is $6.96.
Wynn Macau Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, May 29th will be given a dividend of $0.2015 per share. This is a positive change from Wynn Macau's previous dividend of $0.08. The ex-dividend date is Wednesday, May 28th. This represents a dividend yield of 4.2%.
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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