American Strategic Investment Co. (NYSE:NYC – Get Free Report) major shareholder Nicholas S. Schorsch bought 1,697 shares of the business’s stock in a transaction dated Friday, January 24th. The shares were acquired at an average cost of $9.11 per share, with a total value of $15,459.67. Following the completion of the purchase, the insider now owns 945,975 shares in the company, valued at approximately $8,617,832.25. This represents a 0.18 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Major 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 Stock Up 5.4 %
Shares of American Strategic Investment stock traded up $0.49 during trading on Monday, reaching $9.64. The company’s stock had a trading volume of 5,877 shares, compared to its average volume of 5,199. The business has a 50 day moving average price of $8.75 and a 200-day moving average price of $8.85. The company has a market capitalization of $25.64 million, a P/E ratio of -0.11 and a beta of 0.12. American Strategic Investment Co. has a 12-month low of $5.46 and a 12-month high of $10.91.
American Strategic Investment (NYSE:NYC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($2.62) earnings per share for the quarter, hitting analysts’ consensus estimates of ($2.62). American Strategic Investment had a negative net margin of 334.85% and a negative return on equity of 17.68%. The business had revenue of $15.45 million for the quarter, compared to analysts’ expectations of $15.71 million. During the same period in the prior year, the company posted ($0.48) EPS.
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.
Featured Articles
- Five stocks we like better than American Strategic Investment
- ETF Screener: Uses and Step-by-Step Guide
- Sizing Up a New Opportunity for NVIDIA Investors
- The 3 Best Retail Stocks to Shop for in August
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- What is MarketRank™? How to Use it
- The 3 Biggest M&A Stock Opportunities for 2025
Receive News & Ratings for American Strategic Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Strategic Investment and related companies with MarketBeat.com's FREE daily email newsletter.
