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Gyrodyne Stock Bullish Momentum With A 10.52% Rise Before The Weekend

ViaNews Editorial Team

January 19, 2024

Gyrodyne Stock Bullish Momentum With A 10.52% Rise Before The Weekend

(VIANEWS) - The NASDAQ ended the session with Gyrodyne (GYRO) rising 10.52% to $9.98 on Friday while NASDAQ rose 1.7% to $15,310.97.

Gyrodyne's last close was $9.98, 21.17% below 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 $0.22.

PE Ratio

Gyrodyne has a trailing twelve months price to earnings ratio of 45.36. Meaning, the purchaser of the share is investing $45.36 for every dollar of annual earnings.

More news about Gyrodyne (GYRO).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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