Wynn Macau (OTCMKTS:WYNMY) Shares Gap Up – Should You Buy?

Shares of Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMYGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $8.90, but opened at $9.51. Wynn Macau shares last traded at $9.51, with a volume of 107 shares.

Wynn Macau Stock Performance

The firm has a fifty day moving average price of $8.58 and a 200 day moving average price of $7.53.

Wynn Macau Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Friday, September 5th will be paid a $0.2013 dividend. This represents a yield of 417.0%. The ex-dividend date is Thursday, September 4th.

Wynn Macau Company Profile

(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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