Wynn Macau (OTCMKTS:WYNMF) Sets New 12-Month Low – Here’s What Happened

Wynn Macau, Limited (OTCMKTS:WYNMFGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $0.63 and last traded at $0.63, with a volume of 25000 shares traded. The stock had previously closed at $0.6631.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WYNMF. CLSA raised Wynn Macau to an “outperform” rating in a research report on Friday, July 10th. The Goldman Sachs Group raised shares of Wynn Macau to a “buy” rating in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

View Our Latest Analysis on WYNMF

Wynn Macau Price Performance

The firm’s 50 day simple moving average is $0.68 and its 200 day simple moving average is $0.71.

About Wynn Macau

(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.

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