American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas Schorsch purchased 1,500 shares of American Strategic Investment stock in a transaction that occurred on Monday, June 22nd. The stock was acquired at an average price of $7.85 per share, for a total transaction of $11,775.00. Following the transaction, the insider directly owned 1,073,620 shares of the company’s stock, valued at $8,427,917. The trade was a 0.14% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
American Strategic Investment Price Performance
NYC stock opened at $8.95 on Friday. American Strategic Investment Co. has a 52 week low of $7.00 and a 52 week high of $16.30. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 1.73. The company has a fifty day simple moving average of $8.54 and a two-hundred day simple moving average of $8.65. The firm has a market capitalization of $24.08 million, a P/E ratio of -1.06 and a beta of 0.23.
American Strategic Investment (NYSE:NYC – Get Free Report) last issued its quarterly earnings data on Friday, May 15th. The company reported ($3.04) EPS for the quarter. The business had revenue of $7.35 million during the quarter. American Strategic Investment had a negative return on equity of 113.06% and a negative net margin of 53.18%.
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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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