Wynn Macau Ltd (OTCMKTS:WYNMF) reached a new 52-week low during trading on Wednesday . The company traded as low as $1.90 and last traded at $1.90, with a volume of 17624 shares traded. The stock had previously closed at $1.95.
Separately, Zacks Investment Research upgraded Wynn Macau from a “sell” rating to a “hold” rating in a research report on Saturday. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Wynn Macau has a consensus rating of “Hold” and an average target price of $2.50.
The firm has a fifty day simple moving average of $2.03 and a 200-day simple moving average of $2.27.
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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