Wynn Resorts (Nasdaq:WYNN) hit a new 52-week high Wednesday as it is currently trading at $144.22, above its previous 52-week high of $144.17 with 399,617 shares traded as of 11:30 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Wynn Resorts (Nasdaq: WYNN) hit a new 52-week high Wednesday as it is currently trading at $144.22, above its previous 52-week high of $144.17 with 399,617 shares traded as of 11:30 a.m. ET. Average volume has been 1.2 million shares over the past 30 days. Wynn has a market cap of $14.45 billion and is part of the services sector and leisure industry. Shares are up 26.6% year to date as of the close of trading on Tuesday. 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 25.6, above the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates Wynn as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Wynn Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.