Shares of Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $7.05 and traded as high as $8.20. Wynn Macau shares last traded at $8.15, with a volume of 4,421 shares changing hands.
Analyst Ratings Changes
Separately, UBS Group cut shares of Wynn Macau from a "hold" rating to a "strong sell" rating in a research report on Wednesday, April 30th.
Get Our Latest Research Report on WYNMY
Wynn Macau Trading Down 0.4%
The business has a 50-day moving average price of $7.12 and a 200 day moving average price of $6.96.
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 of this dividend was Wednesday, May 28th. This is a positive change from Wynn Macau's previous dividend of $0.08.
Wynn Macau Company Profile
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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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