Wynn Macau (OTCMKTS:WYNMY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

Shares of Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $7.78, but opened at $8.05. Wynn Macau shares last traded at $8.05, with a volume of 100 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup upgraded shares of Wynn Macau from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Wynn Macau currently has an average rating of “Buy”.

Read Our Latest Stock Analysis on Wynn Macau

Wynn Macau Stock Performance

The business’s 50 day simple moving average is $8.44 and its 200 day simple moving average is $8.16.

Wynn Macau Company Profile

(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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