Wynn Macau (OTCMKTS:WYNMY) Sees Unusually-High Trading Volume – What’s Next?
by Kim Johansen · The Markets DailyWynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMY – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 120,971 shares were traded during trading, an increase of 545% from the previous session’s volume of 18,767 shares.The stock last traded at $7.35 and had previously closed at $7.5125.
Wynn Macau Price Performance
The stock’s fifty day moving average is $7.56 and its 200-day moving average is $8.19.
About Wynn Macau
Wynn Macau Limited, trading as an American depositary receipt on the OTC Markets under the symbol WYNMY, is an operator of luxury integrated resorts in the Macau Special Administrative Region of the People’s Republic of China. As a subsidiary of Wynn Resorts, the company develops, owns and operates two world-class properties—Wynn Macau on the Macau Peninsula and Wynn Palace on Cotai—each offering a blend of gaming, hospitality and entertainment amenities.
The core of Wynn Macau’s business is gaming, with a focus on high-end table games and electronic gaming machines that cater to premium mass and VIP clientele.