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Wynn Macau (OTCMKTS:WYNMY) Stock Price Passes Below Fifty Day Moving Average - Here's Why

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.84 and traded as low as $6.68. Wynn Macau shares last traded at $6.68, with a volume of 15,767 shares traded.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on WYNMY. Seaport Res Ptn raised shares of Wynn Macau to a "strong-buy" rating in a research note on Friday, February 14th. UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a research report on Wednesday.

Get Our Latest Stock Analysis on Wynn Macau

Wynn Macau Price Performance

The company's fifty day moving average is $6.82 and its 200 day moving average is $7.10.

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.

Further Reading

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