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Shares of Wynn Macau, Limited (OTCMKTS:WYNMF - Get Free Report) crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.80 and traded as low as $0.7006. Wynn Macau shares last traded at $0.7006, with a volume of 1,500 shares traded. Wynn Macau Stock Up 0.6%
Shares of Wynn Macau, Limited (OTCMKTS:WYNMF - Get Free Report) passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $0.83 and traded as low as $0.7439. Wynn Macau shares last traded at $0.7439, with a volume of 230 shares trading hands.
Shares of Wynn Macau, Limited (OTCMKTS:WYNMF - Get Free Report) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.82 and traded as low as $0.7161. Wynn Macau shares last traded at $0.7161, with a volume of 550 shares trading hands. Wall Street Analysts Forecast
Wynn Macau was a contributor during the quarter. The Hong Kong-based casino operator saw its stock price rise despite delivering underwhelming second-quarter 2025 results. Azimut Holdings was a contributor during the quarter. The Italian financials firm's stock price rose as it posted solid results during the period, in our view. Amplifon was a detractor during the quarter. The Italian hearing aid company's stock price plunged after first half results revealed that revenue grew more slowly than expected, and the company reduced its fiscal year guidance.
After a sharp sell-off since mid-summer, many investors are looking for the safety of quality, blue-chip stocks. That's if they haven't moved over to the relative safety of U.S. Treasury notes.
Wynn Macau, Limited is heavily indebted and its leverage ratio is now 1.25. Management is not sure when tourism will return to pre-pandemic levels.
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