Nicholas S. Schorsch Purchases 1,112 Shares of American Strategic Investment Co. (NYSE:NYC) Stock

American Strategic Investment Co. (NYSE:NYC) major shareholder Nicholas S. Schorsch acquired 1,112 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were bought at an average cost of $9.02 per share, with a total value of $10,030.24. Following the purchase, the insider now owns 922,732 shares in the company, valued at approximately $8,323,042.64. The trade was a 0.12 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Stock Performance

Shares of NYC stock opened at $8.49 on Thursday. The firm has a market capitalization of $22.62 million, a price-to-earnings ratio of -0.10 and a beta of 0.13. The company has a 50 day moving average price of $8.70 and a 200 day moving average price of $8.93. American Strategic Investment Co. has a one year low of $5.46 and a one year 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.