Wynn Macau (OTCMKTS:WYNMF) Rating Lowered to Hold at Citigroup

Wynn Macau (OTCMKTS:WYNMF) was downgraded by investment analysts at Citigroup from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Wynn Macau Trading Down 6.9 %

Shares of WYNMF stock opened at $0.66 on Monday. Wynn Macau has a twelve month low of $0.60 and a twelve month high of $1.05. The stock has a fifty day simple moving average of $0.70 and a two-hundred day simple moving average of $0.72.

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.