American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch bought 1,469 shares of the stock in a transaction dated Monday, February 3rd. The stock was bought at an average cost of $10.43 per share, for a total transaction of $15,321.67. Following the acquisition, the insider now directly owns 954,779 shares of the company’s stock, valued at approximately $9,958,344.97. This represents a 0.15 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
American Strategic Investment Stock Up 1.6 %
NYSE NYC traded up $0.16 on Tuesday, reaching $10.19. The company had a trading volume of 6,278 shares, compared to its average volume of 5,367. The stock has a market capitalization of $27.11 million, a PE 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. The firm’s 50 day moving average price is $8.90 and its 200 day moving average price is $8.89.
American Strategic Investment (NYSE:NYC – Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported ($2.62) EPS for the quarter, hitting analysts’ consensus estimates of ($2.62). The company had revenue of $15.45 million for the quarter, compared to the consensus estimate of $15.71 million. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. During the same period in the previous year, the business earned ($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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