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Wynn Macau (OTCMKTS:WYNMY) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Wynn Macau logo with Consumer Discretionary background

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.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on Wynn Macau

Wynn Macau Stock Up 3.9%

The business's 50 day moving average is $6.78 and its 200 day moving average is $6.99.

Wynn Macau Increases Dividend

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

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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