Wynn Macau (OTCMKTS:WYNMF) Stock Price Passes Below 50 Day Moving Average of $2.19
Wynn Macau Ltd (OTCMKTS:WYNMF)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $2.19 and traded as low as $2.41. Wynn Macau shares last traded at $2.41, with a volume of 3,252 shares changing hands.
Several equities research analysts have commented on WYNMF shares. Macquarie lowered shares of Nissan Motor from a “neutral” rating to an “underperform” rating in a report on Tuesday, May 14th. Goldman Sachs Group reaffirmed a “buy” rating and issued a GBX 265 ($3.46) price target on shares of Tesco in a report on Tuesday, April 2nd. Jefferies Financial Group upped their price target on shares of Las Vegas Sands from $57.00 to $69.00 and gave the company a “hold” rating in a report on Monday, April 8th. Finally, JPMorgan Chase & Co. set a $69.00 price target on shares of Helmerich & Payne and gave the company a “buy” rating in a report on Wednesday, June 5th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold”.
The firm has a 50-day moving average price of $2.19.
Wynn Macau, Limited develops, owns, and operates the Wynn Macau and Wynn Palace casino resorts in Macau. The company's Wynn Macau resort features approximately 273,000 square feet of casino space offering 24-hour gaming and various games, including private gaming salons, sky casinos, and a poker pit; 2 hotel towers with 1,008 rooms and suites; 8 casual and fine dining restaurants; and recreation and leisure facilities, such as 2 health clubs and spas, a salon, and a pool.
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