Wynn Macau (OTCMKTS:WYNMY) Shares Gap Down – Time to Sell?

by · The Markets Daily

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY – Get Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $7.90, but opened at $7.61. Wynn Macau shares last traded at $7.61, with a volume of 111 shares changing hands.

Analyst Ratings Changes

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

Get Our Latest Research Report on WYNMY

Wynn Macau Price Performance

The company has a 50-day moving average price of $8.42 and a 200-day moving average price of $8.18.

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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