American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas Schorsch bought 5,000 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was acquired at an average price of $6.81 per share, for a total transaction of $34,050.00. Following the transaction, the insider owned 794,620 shares of the company’s stock, valued at approximately $5,411,362.20. The trade was a 0.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
American Strategic Investment Trading Up 2.9%
NYC opened at $6.72 on Friday. The company has a market cap of $21.24 million, a P/E ratio of 1.37 and a beta of 0.18. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 1.87. The company’s 50 day moving average is $8.25 and its 200-day moving average is $8.42. American Strategic Investment Co. has a 1-year low of $5.97 and a 1-year high of $13.97.
American Strategic Investment (NYSE:NYC – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($3.04) earnings per share (EPS) for the quarter. The company had revenue of $7.32 million for the quarter. American Strategic Investment had a negative return on equity of 50.85% and a net margin of 38.87%.
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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.
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