Wynn Macau (OTCMKTS:WYNMF) Shares Gap Up – Here’s What Happened

Shares of Wynn Macau, Limited (OTCMKTS:WYNMF) gapped up before the market opened on Monday . The stock had previously closed at $0.6733, but opened at $0.7266. Wynn Macau shares last traded at $0.7266, with a volume of 253 shares.

Analyst Ratings Changes

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

Wynn Macau Stock Up 7.9%

The company’s fifty day moving average is $0.68 and its 200 day moving average is $0.71.

About Wynn Macau

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.