Nicholas S. Schorsch Buys 1,321 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,321 shares of the company’s stock in a transaction dated Friday, January 10th. The shares were purchased at an average price of $9.04 per share, for a total transaction of $11,941.84. Following the purchase, the insider now directly owns 932,352 shares of the company’s stock, valued at approximately $8,428,462.08. This trade represents a 0.14 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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

NYC traded up $0.44 during trading hours on Tuesday, reaching $8.99. 2,171 shares of the stock traded hands, compared to its average volume of 3,334. American Strategic Investment Co. has a fifty-two week low of $5.46 and a fifty-two week high of $10.91. The company has a market cap of $23.95 million, a price-to-earnings ratio of -0.11 and a beta of 0.12. The firm’s fifty day simple moving average is $8.70 and its two-hundred day simple moving average is $8.92.

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.