Wynn Macau (OTCMKTS:WYNMF) Shares Gap Up – Time to Buy?

Shares of Wynn Macau, Limited (OTCMKTS:WYNMF) gapped up prior to trading on Monday . The stock had previously closed at $0.6733, but opened at $0.7266. Wynn Macau shares last traded at $0.7266, with a volume of 253 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on WYNMF shares. The Goldman Sachs Group raised Wynn Macau to a “buy” rating in a research note on Tuesday, July 14th. CLSA raised shares of Wynn Macau to an “outperform” rating in a research note on Friday, July 10th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Wynn Macau Stock Performance

The company has a 50-day moving average of $0.68 and a 200-day moving average of $0.71.

Wynn Macau Company Profile

Wynn Macau, Limited engages in the development, ownership, and operation of integrated destination casino resorts in the People’s Republic of China. It operates through two segments, Wynn Palace and Wynn Macau. The company offers tables games, slot machines or similar gaming devices; offers 24-hour gaming, and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; food and beverage outlets; brand-name and retail shopping; recreation and leisure facilities, including a cable car ride through SkyCab, health club, spa, salon, and pool; and a meeting and convention spaces.