Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $6.05 and traded as low as $4.42. Gyrodyne shares last traded at $4.5560, with a volume of 2,002 shares.
Gyrodyne Trading Down 1.9%
The firm’s fifty day simple moving average is $4.94 and its two-hundred day simple moving average is $6.01.
About Gyrodyne
Gyrodyne Company of America, Inc is a real estate company focused primarily on owning, leasing and managing healthcare-related and medical office properties. Its portfolio has historically included medical and professional office space serving healthcare providers and related businesses.
The company’s real estate activities have been concentrated in the northeastern United States, particularly in New York, with properties in Suffolk and Westchester counties. Gyrodyne has also historically held healthcare-related real estate in Florida.
Gyrodyne was founded in 1946 and has operated as a publicly traded real estate company.
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