American Strategic Investment (NYSE:NYC) Issues Earnings Results

American Strategic Investment (NYSE:NYC) issued its quarterly earnings results on Wednesday. The company reported ($2.62) earnings per share for the quarter, missing the consensus estimate of ($1.72) by ($0.90), FiscalAI reports. American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%. The company had revenue of $6.48 million for the quarter, compared to the consensus estimate of $14.39 million.

American Strategic Investment Price Performance

Shares of NYSE:NYC opened at $7.88 on Wednesday. American Strategic Investment has a 1-year low of $7.03 and a 1-year high of $16.30. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.04 and a quick ratio of 0.04. The business has a fifty day moving average price of $8.51 and a 200-day moving average price of $8.77. The company has a market capitalization of $21.04 million, a PE ratio of -0.90 and a beta of 0.26.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of American Strategic Investment in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

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.