Gyrodyne Already 15% Down, Almost One Hour Before The Market Open

(VIANEWS) – The NASDAQ opens in less than one hour and Gyrodyne‘s pre-market value is already 15.37% down.

Gyrodyne’s last close was $9.65, 23.78% under its 52-week high of $12.66.

The last session, NASDAQ finished with Gyrodyne (GYRO) rising 2.16% to $9.65. NASDAQ jumped 1.3% to $15,361.64, following the last session’s upward trend on what was an all-around bullish trend trading session.

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.

More news about Gyrodyne (GYRO).

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