Citigroup Upgrades Wynn Macau (OTCMKTS:WYNMY) to Strong-Buy

Wynn Macau (OTCMKTS:WYNMY) was upgraded by equities research analysts at Citigroup from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Wynn Macau Stock Performance

Shares of Wynn Macau stock opened at $8.55 on Tuesday. The company’s fifty day simple moving average is $8.67 and its 200-day simple moving average is $7.66. Wynn Macau has a 1 year low of $5.83 and a 1 year high of $9.80.

Wynn Macau Company Profile

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.