Wynn Macau (OTCMKTS:WYNMF) Hits New 52-Week Low – Here’s Why

Wynn Macau, Limited (OTCMKTS:WYNMF – Get Free Report)’s stock price hit a new 52-week low on Monday. The stock traded as low as $0.5425 and last traded at $0.5425, with a volume of 12,500 shares trading hands. The stock had previously closed at $0.5834.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Wynn Macau to a “buy” rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Buy rating. According to MarketBeat, Wynn Macau currently has an average rating of “Buy”.

Read Our Latest Report on Wynn Macau

Wynn Macau Stock Performance

The firm’s 50 day simple moving average is $0.66 and its 200 day simple moving average is $0.70.

About Wynn Macau

(Get Free Report)

Wynn Macau Limited develops and operates integrated resort properties in Macau. Its resorts combine casino gaming with hotel accommodations, restaurants, retail outlets, entertainment, and other leisure amenities.

The company operates Wynn Macau on the Macau Peninsula and Wynn Palace in Cotai. Wynn Macau opened in 2006, while Wynn Palace opened in 2016. Wynn Macau Limited is part of the Wynn Resorts group.

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