Nicholas S. Schorsch Buys 1,467 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch bought 1,467 shares of the business’s stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average price of $9.41 per share, with a total value of $13,804.47. Following the completion of the purchase, the insider now directly owns 947,442 shares in the company, valued at $8,915,429.22. The trade was a 0.16 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Stock Down 0.6 %

Shares of NYSE NYC opened at $9.95 on Thursday. American Strategic Investment Co. has a twelve month low of $5.46 and a twelve month high of $10.91. The company has a market cap of $26.45 million, a PE ratio of -0.12 and a beta of 0.12. The business’s 50 day moving average price is $8.80 and its two-hundred day moving average price is $8.86.

American Strategic Investment (NYSE:NYC) last posted its earnings results on Tuesday, November 12th. The company reported ($2.62) earnings per share for the quarter, hitting analysts’ consensus estimates of ($2.62). American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. The business had revenue of $15.45 million for the quarter, compared to analyst estimates of $15.71 million. During the same period in the previous year, the firm earned ($0.48) EPS.

American Strategic Investment Company Profile

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.