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

Citigroup lowered shares of Wynn Macau (OTCMKTS:WYNMF) from a strong-buy rating to a hold rating in a research note published on Monday,Zacks.com reports.

Wynn Macau Stock Down 6.9 %

Shares of OTCMKTS:WYNMF opened at $0.66 on Monday. Wynn Macau has a fifty-two week low of $0.60 and a fifty-two week high of $1.05. The firm has a 50-day simple moving average of $0.70 and a 200 day simple moving average of $0.72.

About Wynn Macau

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.