Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.73 and traded as low as $6.73. Wynn Macau shares last traded at $6.75, with a volume of 12,936 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 30th.
Get Our Latest Stock Report on Wynn Macau
Wynn Macau Price Performance
The business has a 50 day simple moving average of $6.73 and a 200-day simple moving average of $6.88.
Wynn Macau Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, May 29th will be paid a $0.2015 dividend. This represents a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, May 28th. This is an increase from Wynn Macau's previous dividend of $0.08.
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.
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