Shares of Gyrodyne , LLC (NASDAQ:GYRO – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $6.26 and traded as low as $4.66. Gyrodyne shares last traded at $4.5860, with a volume of 2,337 shares trading hands.
Gyrodyne Stock Up 0.9%
The stock has a fifty day simple moving average of $5.10 and a 200 day simple moving average of $6.23.
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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