Wynn Resorts Limited (NASDAQ:WYNN) went up by 0.52% from its latest closing price compared to the recent 1-year high of $136.83. The company’s stock price has collected -14.00% of loss in the last five trading sessions. The Wall Street Journal reported on 02/16/22 that Roblox, Nvidia, Airbnb, ViacomCBS: What to Watch in the Stock Market Today
Is It Worth Investing in Wynn Resorts Limited (NASDAQ :WYNN) Right Now?
Plus, the 36-month beta value for WYNN is at 2.23.
WYNN currently public float of 105.65M and currently shorts hold a 5.64% ratio of that float. Today, the average trading volume of WYNN was 3.20M shares.
WYNN’s Market Performance
WYNN stocks went down by -14.00% for the week, with a monthly drop of -14.65% and a quarterly performance of -31.38%, while its annual performance rate touched -50.68%. The volatility ratio for the week stands at 6.02% while the volatility levels for the past 30 days are set at 4.84% for Wynn Resorts Limited. The simple moving average for the period of the last 20 days is -13.72% for WYNN stocks with a simple moving average of -28.83% for the last 200 days.
Analysts’ Opinion of WYNN
Many brokerage firms have already submitted their reports for WYNN stocks, with Citigroup repeating the rating for WYNN by listing it as a “Buy.” The predicted price for WYNN in the upcoming period, according to Citigroup is $96.50 based on the research report published on April 01st of the current year 2022.
Wells Fargo, on the other hand, stated in their research note that they expect to see WYNN reach a price target of $99, previously predicting the price at $93. The rating they have provided for WYNN stocks is “Equal Weight” according to the report published on February 16th, 2022.
Morgan Stanley gave a rating of “Overweight” to WYNN, setting the target price at $123 in the report published on February 16th of the current year.
WYNN Trading at -18.36% from the 50-Day Moving Average
After a stumble in the market that brought WYNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.94% of loss for the given period.
Volatility was left at 4.84%, however, over the last 30 days, the volatility rate increased by 6.02%, as shares sank -13.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.74% lower at present.
During the last 5 trading sessions, WYNN fell by -14.00%, which changed the moving average for the period of 200-days by -40.90% in comparison to the 20-day moving average, which settled at $70.97. In addition, Wynn Resorts Limited saw -27.50% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at WYNN starting from Mulroy Patricia, who sale 400 shares at the price of $94.25 back on Feb 11. After this action, Mulroy Patricia now owns 7,307 shares of Wynn Resorts Limited, valued at $37,700 using the latest closing price.
MADDOX MATT, the CEO of Wynn Resorts Limited, sale 20,000 shares at $91.83 during a trade that took place back on Jan 18, which means that MADDOX MATT is holding 394,429 shares at $1,836,545 based on the most recent closing price.
Stock Fundamentals for WYNN
Current profitability levels for the company are sitting at:
- -10.30 for the present operating margin
- +13.00 for the gross margin
The net margin for Wynn Resorts Limited stands at -20.08.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.