(VIANEWS) – The NASDAQ ended the session with Gyrodyne (GYRO) rising 13.98% to $9.65 on Wednesday while NASDAQ dropped 2.23% to $15,164.01.
Gyrodyne’s last close was $9.45, 25.36% under its 52-week high of $12.66.
About Gyrodyne
Gyrodyne, LLC owns and manages a diversified portfolio of real estate properties comprising office, industrial and service-oriented properties in the New York metropolitan area. Gyrodyne owns a 63 acre site approximately 50 miles east of New York City on the north shore of Long Island, which includes industrial and office buildings and undeveloped property which is the subject of plans to seek value-enhancing entitlements. Gyrodyne also owns a medical office park in Cortlandt Manor, New York which is also the subject of a subdivision application. Gyrodyne's common shares are traded on the NASDAQ Stock Market under the symbol GYRO.
Earnings Per Share
As for profitability, Gyrodyne has a trailing twelve months EPS of $0.21.
PE Ratio
Gyrodyne has a trailing twelve months price to earnings ratio of 45.97. Meaning, the purchaser of the share is investing $45.97 for every dollar of annual earnings.
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.8%, now sitting on 2.74M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gyrodyne’s stock is considered to be overbought (>=80).
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