Nicholas S. Schorsch Purchases 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 American Strategic Investment stock in a transaction dated Monday, January 6th. The stock was purchased at an average price of $9.03 per share, with a total value of $11,928.63. Following the completion of the purchase, the insider now owns 928,389 shares of the company’s stock, valued at approximately $8,383,352.67. The trade was a 0.14 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

American Strategic Investment Trading Up 2.8 %

Shares of NYSE NYC opened at $9.09 on Friday. The company has a 50 day simple moving average of $8.70 and a two-hundred day simple moving average of $8.92. The stock has a market cap of $24.22 million, a price-to-earnings 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 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.