Wynn Macau (OTCMKTS:WYNMF) Shares Down 7.4% – Should You Sell?

Wynn Macau, Limited (OTCMKTS:WYNMFGet Free Report)’s share price was down 7.4% during mid-day trading on Tuesday . The stock traded as low as $0.7504 and last traded at $0.7504. Approximately 10,584 shares were traded during trading, a decline of 5% from the average daily volume of 11,155 shares. The stock had previously closed at $0.81.

Analyst Ratings Changes

Separately, Citigroup raised Wynn Macau from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Research Report on Wynn Macau

Wynn Macau Trading Down 6.2%

The stock’s 50-day simple moving average is $0.83 and its 200 day simple moving average is $0.81.

About Wynn Macau

(Get Free Report)

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.

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