The stock of Wynn Resorts Limited (WYNN) has gone down by -1.14% for the week, with a -11.01% drop in the past month and a -5.38% drop in the past quarter. The volatility ratio for the week is 3.56%, and the volatility levels for the past 30 days are 3.21% for WYNN. The simple moving average for the past 20 days is -7.33% for WYNN’s stock, with a 16.36% simple moving average for the past 200 days.
Is It Worth Investing in Wynn Resorts Limited (NASDAQ: WYNN) Right Now?
and a 36-month beta value of 2.04. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 0 as “sell.”
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The average price predicted for Wynn Resorts Limited (WYNN) by analysts is $130.61, which is $27.85 above the current market price. The public float for WYNN is 96.11M, and at present, short sellers hold a 7.76% of that float. On May 24, 2023, the average trading volume of WYNN was 2.43M shares.
WYNN) stock’s latest price update
The stock price of Wynn Resorts Limited (NASDAQ: WYNN) has dropped by -6.02 compared to previous close of 108.41. Despite this, the company has seen a fall of -1.14% in its stock price over the last five trading days. Barron’s reported on 11/28/22 that Wynn, Casino Stocks Rise on Macau License Renewals. One Risk Down, One to Go.
WYNN Trading at -6.99% 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 -13.56% of loss for the given period.
Volatility was left at 3.21%, however, over the last 30 days, the volatility rate increased by 3.56%, as shares sank -8.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.11% lower at present.
During the last 5 trading sessions, WYNN fell by -1.14%, which changed the moving average for the period of 200-days by +52.72% in comparison to the 20-day moving average, which settled at $109.45. In addition, Wynn Resorts Limited saw 23.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WYNN starting from Billings Craig Scott, who sale 10,901 shares at the price of $103.26 back on Mar 16. After this action, Billings Craig Scott now owns 255,781 shares of Wynn Resorts Limited, valued at $1,125,637 using the latest closing price.
CAMERON-DOE JULIE, the CFO of Wynn Resorts Limited, sale 4,000 shares at $108.08 during a trade that took place back on Feb 22, which means that CAMERON-DOE JULIE is holding 65,970 shares at $432,320 based on the most recent closing price.
Stock Fundamentals for WYNN
Current profitability levels for the company are sitting at:
- -6.97 for the present operating margin
- +17.95 for the gross margin
The net margin for Wynn Resorts Limited stands at -11.28. The total capital return value is set at -2.24, while invested capital returns managed to touch -3.49. Equity return is now at value 32.10, with -1.80 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 5.32, with the company’s debt to enterprise value settled at 0.74. The receivables turnover for the company is 18.08 and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.
Conclusion
To sum up, Wynn Resorts Limited (WYNN) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
