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Wynn Macau (OTCMKTS:WYNMY) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

Wynn Macau logo with Consumer Discretionary background

Wynn Macau, Limited (OTCMKTS:WYNMY - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.98 and traded as low as $6.81. Wynn Macau shares last traded at $6.81, with a volume of 5,964 shares.

Wall Street Analyst Weigh In

Separately, Seaport Res Ptn raised Wynn Macau to a "strong-buy" rating in a research note on Friday, February 14th.

Check Out Our Latest Stock Report on Wynn Macau

Wynn Macau Trading Down 1.4 %

The company's 50-day moving average is $6.96 and its two-hundred day moving average is $7.25.

About Wynn Macau

(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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