Wynn Macau (OTCMKTS:WYNMY) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Wynn Macau, Limited (OTCMKTS:WYNMYGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $6.82 and traded as high as $7.11. Wynn Macau shares last traded at $7.10, with a volume of 1,149 shares changing hands.

Wall Street Analyst Weigh In

WYNMY has been the topic of several recent analyst reports. UBS Group downgraded shares of Wynn Macau from a “hold” rating to a “strong sell” rating in a report on Wednesday, April 30th. Seaport Res Ptn upgraded shares of Wynn Macau to a “strong-buy” rating in a report on Friday, February 14th.

Check Out Our Latest Stock Analysis on WYNMY

Wynn Macau Trading Up 0.6%

The company’s fifty day moving average price is $6.82 and its 200-day moving average price is $7.04.

About Wynn Macau

(Get Free Report)

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.

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