Wynn Macau (OTCMKTS:WYNMY) Shares Cross Above 50 Day Moving Average – Should You Sell?

Wynn Macau, Limited (OTCMKTS:WYNMYGet Free Report)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $7.27 and traded as high as $7.70. Wynn Macau shares last traded at $7.62, with a volume of 13,819 shares.

Wynn Macau Stock Performance

The company has a fifty day simple moving average of $7.29 and a two-hundred day simple moving average of $8.33.

Wynn Macau Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.0818 per share. This is an increase from Wynn Macau’s previous dividend of $0.08. The ex-dividend date was Tuesday, September 3rd. Wynn Macau’s dividend payout ratio (DPR) is 95.05%.

Wynn Macau Company Profile

(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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