Wynn Macau (OTCMKTS:WYNMF) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday, June 5th, The Fly reports.
Other equities research analysts have also issued reports about the stock. Jefferies Financial Group began coverage on shares of Wynn Macau in a research report on Monday, April 8th. They set a “buy” rating for the company. Macquarie began coverage on shares of Wynn Macau in a research report on Monday, April 8th. They set an “outperform” rating for the company. Finally, Goldman Sachs Group upgraded shares of Wynn Macau from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 2nd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold”.
Shares of WYNMF stock traded up $0.05 during trading hours on Wednesday, reaching $2.24. The stock had a trading volume of 15,197 shares, compared to its average volume of 12,525. The stock has a fifty day simple moving average of $2.15. Wynn Macau has a 12 month low of $1.95 and a 12 month high of $3.21.
Wynn Macau, Limited develops, owns, and operates the Wynn Macau and Wynn Palace casino resorts in Macau. The company's Wynn Macau resort features approximately 273,000 square feet of casino space offering 24-hour gaming and various games, including private gaming salons, sky casinos, and a poker pit; 2 hotel towers with 1,008 rooms and suites; 8 casual and fine dining restaurants; and recreation and leisure facilities, such as 2 health clubs and spas, a salon, and a pool.
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