American Strategic Investment Co. (NYSE:NYC - Get Free Report) major shareholder Nicholas S. Schorsch acquired 1,403 shares of the business's stock in a transaction dated Friday, April 4th. The stock was acquired at an average price of $11.37 per share, for a total transaction of $15,952.11. Following the purchase, the insider now directly owns 982,507 shares of the company's stock, valued at approximately $11,171,104.59. This trade represents a 0.14 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Stock Performance
Shares of NYC opened at $10.82 on Tuesday. The business's 50-day moving average is $10.57 and its two-hundred day moving average is $9.45. The company has a market capitalization of $28.50 million, a P/E ratio of -0.13 and a beta of 0.08. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $12.52.
American Strategic Investment (NYSE:NYC - Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported ($2.60) EPS for the quarter, missing the consensus estimate of ($2.06) by ($0.54). The company had revenue of $14.89 million for the quarter, compared to analyst estimates of $14.74 million. American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%.
About American Strategic Investment
(
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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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