Wynn Resorts reports USD 1.48B in revenue during Q1
The Nevada-based developer and operator of hotels and casinos reported positive results for the first three months of 2017. Net income was USD 100.8M, which represents an increase of 34%.
According to the data report, Wynn Resorts had a return on equity of 5,683.62% and a net margin of 5.42%. Shares of the company traded up 2.29% during mid-day trading on Tuesday, reaching USD 118.22. 4,177,972 shares of the company’s stock traded hands. The stock has a market capitalization of USD 12.02B, a PE ratio of 49.67 and a beta of 1.90. Wynn Resorts, Limited has a 12-month low of $82.51 and a 12-month high of $119.80.
The company’s 50-day moving average price is $111.48 and its 200-day moving average price is $98.72. Wynn Resorts, Limited also saw some unusual options trading activity on Tuesday. Stock traders acquired 1,604 put options on the company. This is an increase of approximately 174% compared to the typical volume of 586 put options.
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