Wynn Macau (OTCMKTS:WYNMF) Shares Down 7.4% – Here’s Why

Wynn Macau, Limited (OTCMKTS:WYNMFGet Free Report) fell 7.4% during trading on Tuesday . The company traded as low as $0.7504 and last traded at $0.7504. 10,584 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 11,155 shares. The stock had previously closed at $0.81.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Wynn Macau from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Stock Report on WYNMF

Wynn Macau Price Performance

The business’s 50-day moving average price is $0.82 and its two-hundred day moving average price is $0.81.

Wynn Macau Company Profile

(Get Free Report)

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.

Further Reading

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