Gyrodyne (NASDAQ:GYRO) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Gyrodyne, LLC (NASDAQ:GYROGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.08 and traded as low as $7.93. Gyrodyne shares last traded at $7.93, with a volume of 152 shares.

Gyrodyne Stock Performance

The business’s 50 day simple moving average is $8.40 and its 200-day simple moving average is $9.06. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.78 and a current ratio of 1.78.

Gyrodyne Company Profile

(Get Free Report)

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.

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