Wynn Resorts Limited (WYNN) Shares are Up 10.32%

Wynn Resorts Limited (WYNN) : Traders are bullish on Wynn Resorts Limited (WYNN) as it has outperformed the S&P 500 by a wide margin of 13.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.74%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 10.32% in the last 1 week, and is up 11.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 12.95% and the 50-Day Moving Average is 12.2%.The 200 Day SMA reached 27.48% Wynn Resorts Ltd. is up 5.74% in the last 3-month period. Year-to-Date the stock performance stands at 59.57%.


Wynn Resorts Limited (WYNN) : The highest short term price target forecast on Wynn Resorts Limited (WYNN) is $119 and the lowest target price is $65. A total of 10 equity analysts are currently covering the company. The average price of all the analysts is $99.1 with a standard deviation of $15.51.

Company shares have received an average consensus rating of Hold for the current week Wynn Resorts Limited (NASDAQ:WYNN): stock was range-bound between the intraday low of $106.72 and the intraday high of $109.27 after having opened at $108.65 on Fridays session. The stock finally closed in the red at $108.65, a loss of -0.10%. The stock remained in the red for the whole trading day. The total traded volume was 3,835,578 shares. The stock failed to cross $109.27 in Fridays trading. The stocks closing price on Thursday was $108.68.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the Peoples Republic of China (Macau). Wynn Resorts also owns 100% of and operates an integrated resort in Las Vegas, Nevada. The company operates through two segments: Macau Operations, which includes Wynn Macau and Encore at Wynn Maca, and Las Vegas Operations, which includes Wynn Las Vegas and Encore at Wynn Las Vegas. Its Macau Operations features approximately 284,000 square feet of casino space with 498 table games and 625 slot machines, two hotel towers and others. Its Las Vegas Operations features approximately 186,000 square feet of casino space with 232 table games, 1,849 slot machines, two hotel towers and others.

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