Wynn Resorts (NASDAQ:WYNN)- Active Momentum Stocks in New Buzz: Fiat Chrysler Automobiles (NYSE:FCAU)

Wynn Resorts, Limited (NASDAQ:WYNN) [Trend Analysis] retains strong position in active trade, as shares scoring 2.19% to $93.50 in an active trade session, while looking at the shares volume, around 3.74 Million shares have changed hands in this session. Wynn Resorts (WYNN) along with Crown Acquisitions signed contract to form a joint venture to own and operate the premier luxury retail space at Wynn Las Vegas. As per the terms of the contract, Crown will pay $472 million in gross proceeds in two installments.

Crown will pay Wynn the first payment of $292 million at closing, which is expected to be in 2016 or early 2017, for its 49.9% interest in a portion of Wynn Las Vegas’ owned and leased retail, representing a 4.7% capitalization rate. Wynn will receive the second fixed payment of $180 million following the completion of Wynn Plaza in 2017. The firm has institutional ownership of 76.20%, while insider ownership included 0.20%. WYNN attains analyst recommendation of 2.70 with week’s performance of -8.49%. Investors looking further ahead will note that the Price to next year’s EPS is 10.66%.

Shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) [Trend Analysis] swings enthusiastically in regular trading session, it an increase of 1.89% to close at $8.64. The editors at WardsAuto have named the new 3.6-liter Pentastar V-6 hybrid propulsion system to the Wards 10 Best Engines list for 2017.Making its debut for FCA US LLC in the 2017 Chrysler Pacifica Hybrid, the new electric propulsion system drives the most fuel-efficient minivan ever to benchmark performance numbers, including a fuel-economy rating of 84 miles-per-gallon-equivalent (MPGe), reflecting the vehicle’s combined city- and highway-cycle performance in electric-mode only.

The 2017 Chrysler Pacifica Hybrid also excels on two other efficiency fronts as U.S. Environmental Protection Agency (EPA) testing recently established an EPA total driving range rating of 566 miles and electric-only range rating of 33 miles. The stock is going forward its fifty-two week low with 58.53% and lagging behind from its 52-week high price with -40.25%. FCAU last month stock price volatility remained 2.75%.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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