Wynn Stock Hits New 52-Week Low (WYNN)

NEW YORK ( TheStreet) -- Wynn Resorts (Nasdaq: WYNN) hit a new 52-week low Monday as it is currently trading at $94.49, below its previous 52-week low of $94.52 with 183,114 shares traded as of 9:45 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.

Wynn has a market cap of $10.02 billion and is part of the services sector and leisure industry. Shares are down 11.9% year to date as of the close of trading on Friday.

Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company has a P/E ratio of 21.2, above the average leisure industry P/E ratio of 19.5 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Wynn as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Wynn Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.
null

If you liked this article you might like

China's Golden Week Holiday Set to Unleash Gambling Explosion

Opposition Party Makes Political Gains in Macau, Changes in Governance Possible

When it Drops, it's Time to Shop: Cramer's 'Mad Money' Recap (Tuesday 9/12/17)

RH, Walt Disney, Wynn Resorts, Nvidia: 'Mad Money' Lightning Round

Typhoon Hato Washes Out Macau With 124 mph Winds, Dries Out Casino Stocks