American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch bought 1,467 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were purchased at an average price 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 in the company, valued at $9,771,427.50. This trade represents a 0.15 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 Performance
Shares of NYC traded up $0.16 during mid-day trading on Tuesday, hitting $10.19. 6,278 shares of the company’s stock were exchanged, compared to its average volume of 5,367. The company has a market cap of $27.11 million, a price-to-earnings ratio of -0.12 and a beta of 0.15. The stock’s 50-day moving average is $8.90 and its 200-day moving average is $8.89. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $10.91.
American Strategic Investment (NYSE:NYC – Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($2.62) 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 analysts’ expectations of $15.71 million. During the same quarter last year, the company posted ($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.
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