Gyrodyne Stock Was 20% Up On Tuesday

(VIANEWS) – The NASDAQ ended the session with Gyrodyne rising 20% to $11.70 on Tuesday, following the last session’s downward trend. NASDAQ fell 0.16% to $13,667.29, following the last session’s downward trend on what was a somewhat negative trend exchanging session today.

Gyrodyne’s last close was $9.75, 22.12% under 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 65. Meaning, the purchaser of the share is investing $65 for every dollar of annual earnings.

More news about Gyrodyne (GYRO).

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