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Wynn Macau (OTCMKTS:WYNMY) Shares Gap Up - What's Next?

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $7.40, but opened at $7.65. Wynn Macau shares last traded at $7.65, with a volume of 276 shares trading hands.

Wall Street Analyst Weigh In

Separately, UBS Group lowered Wynn Macau from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 30th.

Check Out Our Latest Stock Report on WYNMY

Wynn Macau Stock Performance

The firm has a 50 day moving average price of $6.86 and a 200 day moving average price of $6.88.

Wynn Macau Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th were paid a $0.2015 dividend. This represents a yield of 4.2%. The ex-dividend date was Wednesday, May 28th. This is a positive change from Wynn Macau's previous dividend of $0.08.

About Wynn Macau

(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.

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