Free Trial

Wynn Macau (OTCMKTS:WYNMY) Stock Passes Above 50 Day Moving Average - Here's Why

Wynn Macau logo with Consumer Discretionary background

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

(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.

Featured Articles

Should You Invest $1,000 in Wynn Macau Right Now?

Before you consider Wynn Macau, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wynn Macau wasn't on the list.

While Wynn Macau currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines