Insider Buying: American Strategic Investment Co. (NYSE:NYC) Director Purchases $22,600.00 in Stock

American Strategic Investment Co. (NYSE:NYC) Director Nicholas Radesca acquired 2,500 shares of American Strategic Investment stock in a transaction on Monday, June 24th. The shares were purchased at an average price of $9.04 per share, for a total transaction of $22,600.00. Following the completion of the acquisition, the director now directly owns 2,500 shares in the company, valued at $22,600. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

American Strategic Investment Price Performance

NYC opened at $9.57 on Friday. American Strategic Investment Co. has a 12-month low of $5.46 and a 12-month high of $9.69. The business’s fifty day simple moving average is $8.23 and its 200-day simple moving average is $7.58.

American Strategic Investment (NYSE:NYC) last issued its earnings results on Monday, April 1st. The company reported ($32.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.63) by ($31.64). American Strategic Investment had a negative return on equity of 13.63% and a negative net margin of 162.43%. The business had revenue of $15.38 million for the quarter, compared to the consensus estimate of $16.53 million. Equities analysts predict that American Strategic Investment Co. will post -12.32 earnings per share for the current fiscal year.

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.