Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report)'s share price rose 5.4% during mid-day trading on Tuesday . The stock traded as high as $7.21 and last traded at $7.21. Approximately 17,467 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 23,943 shares. The stock had previously closed at $6.84.
Wall Street Analyst Weigh In
Separately, UBS Group downgraded shares of Wynn Macau from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 30th.
View Our Latest Analysis on Wynn Macau
Wynn Macau Stock Down 0.8%
The company's 50 day simple moving average is $6.81 and its 200 day simple moving average is $6.87.
Wynn Macau Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, May 29th were issued a $0.2015 dividend. This represents a dividend yield of 4.2%. This is a positive change from Wynn Macau's previous dividend of $0.08. The ex-dividend date was Wednesday, May 28th.
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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