Wynn Macau (OTCMKTS:WYNMF) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Wynn Macau (OTCMKTS:WYNMF – Get Rating) from a sell rating to a hold rating in a report published on Saturday, Zacks.com reports.

According to Zacks, “Wynn Macau, Limited owns and operates Wynn Macau, a destination casino gaming and entertainment resort in Macau. It has hotel rooms and suites, a casino, casual and fine dining restaurants, retail space and leisure amenities. Wynn Macau, Limited is headquartered in Macau City, Macau. “

Separately, Morgan Stanley upgraded Wynn Macau from an underweight rating to an equal weight rating in a research note on Monday, March 28th.

Wynn Macau stock opened at $0.55 on Friday. The stock’s 50 day moving average is $0.64 and its 200 day moving average is $0.78. Wynn Macau has a twelve month low of $0.53 and a twelve month high of $1.76.

About Wynn Macau (Get Rating)

Wynn Macau, Limited, together with its subsidiaries, develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. The company's Wynn Palace resort features approximately 424,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; and 14 food and beverage outlets.

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