American Strategic Investment Co. (NYSE:NYC) Major Shareholder Nicholas S. Schorsch Buys 1,403 Shares of Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,403 shares of the business’s stock in a transaction on Friday, April 4th. The stock was acquired at an average price of $11.37 per share, with a total value of $15,952.11. Following the transaction, the insider now directly owns 982,507 shares of the company’s stock, valued at $11,171,104.59. This represents a 0.14 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

American Strategic Investment Price Performance

Shares of NYSE NYC traded up $0.17 during trading on Monday, hitting $10.82. 6,981 shares of the company were exchanged, compared to its average volume of 6,208. American Strategic Investment Co. has a 1 year low of $5.46 and a 1 year high of $12.52. The company has a market cap of $28.50 million, a price-to-earnings ratio of -0.13 and a beta of 0.08. The firm’s fifty day moving average price is $10.57 and its 200 day moving average price is $9.45.

American Strategic Investment (NYSE:NYC) last issued its earnings results on Wednesday, March 19th. The company reported ($2.60) earnings per share for the quarter, missing the consensus estimate of ($2.06) by ($0.54). American Strategic Investment had a negative return on equity of 17.68% and a negative net margin of 334.85%. The company had revenue of $14.89 million for the quarter, compared to analyst estimates of $14.74 million.

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.