Wynn Macau (OTCMKTS:WYNMF) Shares Gap Up – Still a Buy?

Wynn Macau, Limited (OTCMKTS:WYNMF) gapped up before the market opened on Monday . The stock had previously closed at $0.63, but opened at $0.6829. Wynn Macau shares last traded at $0.6780, with a volume of 2,100 shares traded.

Analyst Ratings Changes

Several brokerages have recently commented on WYNMF. CLSA upgraded Wynn Macau to an “outperform” rating in a research note on Friday, July 10th. The Goldman Sachs Group raised shares of Wynn Macau to a “buy” rating in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Wynn Macau has a consensus rating of “Buy”.

Wynn Macau Stock Performance

The stock has a 50 day moving average price of $0.68 and a two-hundred day moving average price of $0.71.

Wynn Macau Company Profile

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.