Nicholas S. Schorsch Purchases 1,469 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch purchased 1,469 shares of the stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $10.98 per share, with a total value of $16,129.62. Following the completion of the acquisition, the insider now owns 960,655 shares in the company, valued at approximately $10,547,991.90. This trade represents a 0.15 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 Trading Up 1.6 %

NYSE NYC traded up $0.17 during trading hours on Friday, reaching $10.72. The company had a trading volume of 5,588 shares, compared to its average volume of 5,240. American Strategic Investment Co. has a 1-year low of $5.46 and a 1-year high of $11.25. The stock has a market capitalization of $28.57 million, a P/E ratio of -0.13 and a beta of 0.15. The stock has a 50-day moving average of $9.01 and a 200 day moving average of $8.93.

American Strategic Investment (NYSE:NYC) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) earnings per share for the quarter, hitting analysts’ consensus estimates of ($2.62). The firm had revenue of $15.45 million during the quarter, compared to analysts’ expectations of $15.71 million. American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. 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.