Wynn Macau (OTCMKTS:WYNMF) Lowered to “Hold” Rating by Citigroup

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

Wynn Macau Stock Performance

WYNMF stock opened at $0.66 on Monday. The business has a fifty day moving average of $0.70 and a 200-day moving average of $0.72. Wynn Macau has a twelve month low of $0.60 and a twelve month high of $1.05.

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.