Wynn Macau (OTCMKTS:WYNMY) Shares Gap Down – What’s Next?

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMYGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $9.46, but opened at $9.00. Wynn Macau shares last traded at $9.00, with a volume of 2,001 shares changing hands.

Wynn Macau Price Performance

The company has a 50-day moving average price of $8.67 and a 200 day moving average price of $7.59.

Wynn Macau Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 1st. Stockholders of record on Friday, September 5th were given a $0.2013 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a dividend yield of 417.0%.

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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