Wynn Macau (OTCMKTS:WYNMF) has been upgraded from Reduce to Hold in a statement by HSBC earlier today.
- Updated: November 28, 2016
HSBC has upgraded Wynn Macau (OTCMKTS:WYNMF) from Reduce to Hold in a statement released on Monday November 28, 2016. They are also stating a potential upside of 0%.
Boasting a price of $0.00, Wynn Macau (OTCMKTS:WYNMF) traded 1.69% higher on the day. With the last stock price close down 16.55% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Wynn Macau has recorded a 50-day average of $1.53 and a two hundred day average of $1.54. Volume of trade was up over the average, with 20,999 shares of WYNMF changing hands over the typical 20,644
With a total market value of $0, Wynn Macau has price-earnings ratio of 30.51 with a one year low of $0.88 and a one year high of $1.86 .
Brief Synopsis About Wynn Macau (OTCMKTS:WYNMF)
Wynn Macau Ltd., through its subsidiaries, owns and operates the Wynn Macau casino resort in Macau. The companyÂ’s resort features approximately 284,000 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; casual and fine dining in eight restaurants; recreation and leisure facilities, including two health clubs and spas, a salon, and a pool; and lounges and meeting facilities. Its resort also includes approximately 57,000 square feet of retail shopping, which include stores and boutiques. The company was incorporated in 2009 and is headquartered in Macau. Wynn Macau Ltd. operates as a subsidiary of Wynn Group Asia, Inc.
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