American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch purchased 1,469 shares of the stock in a transaction dated Monday, February 3rd. The shares were purchased at an average cost of $10.43 per share, for a total transaction of $15,321.67. Following the completion of the acquisition, the insider now directly owns 954,779 shares in the company, valued at approximately $9,958,344.97. This trade represents a 0.15 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
American Strategic Investment Price Performance
American Strategic Investment stock traded up $0.16 during mid-day trading on Tuesday, reaching $10.19. 6,278 shares of the stock traded hands, compared to its average volume of 5,367. American Strategic Investment Co. has a 12-month low of $5.46 and a 12-month high of $10.91. The business’s 50-day moving average is $8.90 and its 200-day moving average is $8.89. 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 (NYSE:NYC – Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported ($2.62) earnings per share for the quarter, hitting the consensus estimate of ($2.62). The firm had revenue of $15.45 million for 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 in the prior year, the business earned ($0.48) EPS.
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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