American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch purchased 1,467 shares of the stock in a transaction that occurred on Friday, January 31st. The stock was acquired at an average cost of $10.25 per share, with a total value of $15,036.75. Following the completion of the acquisition, the insider now directly owns 953,310 shares of the company’s stock, valued at $9,771,427.50. This represents a 0.15 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
American Strategic Investment Price Performance
Shares of NYSE:NYC traded up $0.16 during trading on Tuesday, hitting $10.19. 6,278 shares of the company were exchanged, compared to its average volume of 5,367. The firm’s 50 day moving average price is $8.90 and its 200-day moving average price is $8.89. The stock has a market capitalization of $27.11 million, a P/E ratio of -0.12 and a beta of 0.15. American Strategic Investment Co. has a 12-month low of $5.46 and a 12-month high of $10.91.
American Strategic Investment (NYSE:NYC – Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($2.62). American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. The company had revenue of $15.45 million during the quarter, compared to the consensus estimate of $15.71 million. During the same quarter in the prior year, the firm posted ($0.48) earnings per share.
About American Strategic Investment
American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.
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