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Wynn Macau (OTCMKTS:WYNMY) Share Price Crosses Above Fifty Day Moving Average - Time to Sell?

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.

Analyst Ratings Changes

A number of analysts recently weighed in on WYNMY shares. UBS Group downgraded Wynn Macau from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 30th. Seaport Res Ptn upgraded shares of Wynn Macau to a "strong-buy" rating in a research report on Friday, February 14th.

View Our Latest Stock Analysis on WYNMY

Wynn Macau Price Performance

The stock's 50-day moving average price is $6.76 and its 200 day moving average price is $6.98.

Wynn Macau Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.2015 per share. This represents a dividend yield of 4.2%. The ex-dividend date is Wednesday, May 28th. This is an increase from Wynn Macau's previous dividend of $0.08.

About Wynn Macau

(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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