Gyrodyne Stock Impressive Rise 10% At Session Start On Tuesday, Outperforms Market

(VIANEWS) – Shares of Gyrodyne (NASDAQ: GYRO) jumped by a staggering 10.72% to $10.74 at 10:54 EST on Tuesday, following the last session’s downward trend. NASDAQ is sliding 0.31% to $13,647.30, following the last session’s downward trend. This seems, so far, a somewhat negative trend trading session today.

Gyrodyne’s last close was $9.75, 22.12% below its 52-week high of $12.52.

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 $0.18.

PE Ratio

Gyrodyne has a trailing twelve months price to earnings ratio of 59.67. Meaning, the purchaser of the share is investing $59.67 for every dollar of annual earnings.

Volatility

Gyrodyne’s last week, last month’s, and last quarter’s current intraday variation average was 2.63%, 1.83%, and 3.32%.

Gyrodyne’s highest amplitude of average volatility was 2.63% (last week), 2.67% (last month), and 3.32% (last quarter).

Moving Average

Gyrodyne’s worth is way above its 50-day moving average of $8.86 and way above its 200-day moving average of $9.16.

More news about Gyrodyne (GYRO).

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