Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.79 and traded as high as $6.79. Wynn Macau shares last traded at $6.70, with a volume of 6,708 shares.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th. Seaport Res Ptn raised Wynn Macau to a "strong-buy" rating in a research note on Friday, February 14th.
View Our Latest Stock Analysis on Wynn Macau
Wynn Macau Stock Up 3.9%
The company's fifty day simple moving average is $6.77 and its two-hundred day simple moving average is $6.99.
Wynn Macau Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.2015 per share. This is a boost from Wynn Macau's previous dividend of $0.08. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, May 28th.
About Wynn Macau
(
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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.
Further Reading
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