Less Than Two Hours Before The NASDAQ Open, Gyrodyne Is Down By 5%

(VIANEWS) – The NASDAQ opens in less than two hours and Gyrodyne‘s pre-market value is already 5.9% down.

Gyrodyne’s last close was $11.70, 6.55% below its 52-week high of $12.52.

The last session, NASDAQ finished with Gyrodyne (GYRO) jumping 0.09% to $11.70. NASDAQ fell 1.21% to $13,502.20, after three consecutive sessions in a row of losses, on what was an all-around down trend exchanging 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 $0.18.

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).

Leave a Reply

Your email address will not be published. Required fields are marked *