American Strategic Investment Co. (NYSE:NYC - Get Free Report) major shareholder Nicholas Schorsch acquired 1,664 shares of the firm's stock in a transaction that occurred on Tuesday, January 27th. The stock was bought at an average price of $10.53 per share, for a total transaction of $17,521.92. Following the completion of the transaction, the insider owned 1,068,956 shares of the company's stock, valued at $11,256,106.68. The trade was a 0.16% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.
American Strategic Investment Stock Down 4.6%
NYC opened at $10.86 on Friday. The business's fifty day simple moving average is $8.59 and its 200 day simple moving average is $9.97. American Strategic Investment Co. has a 52 week low of $7.03 and a 52 week high of $16.30. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.39. The stock has a market cap of $28.98 million, a PE ratio of -1.24 and a beta of 0.19.
American Strategic Investment (NYSE:NYC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The company reported ($3.23) EPS for the quarter, missing analysts' consensus estimates of ($1.76) by ($1.47). American Strategic Investment had a negative net margin of 40.92% and a negative return on equity of 97.07%. The business had revenue of $12.27 million for the quarter, compared to the consensus estimate of $14.26 million.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated 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 MarketBeat.com, American Strategic Investment presently has a consensus rating of "Sell".
Check Out Our Latest Stock Report on American Strategic Investment
American Strategic Investment Company Profile
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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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