American Strategic Investment Co. (NYSE:NYC) Sees Significant Decrease in Short Interest

American Strategic Investment Co. (NYSE:NYCGet Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 1,302 shares, a drop of 19.3% from the March 31st total of 1,614 shares. Based on an average daily trading volume, of 2,379 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Strategic Investment in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, American Strategic Investment presently has an average rating of “Sell”.

View Our Latest Analysis on American Strategic Investment

American Strategic Investment Price Performance

NYSE NYC remained flat at $8.03 during trading hours on Thursday. The company’s stock had a trading volume of 1,132 shares, compared to its average volume of 1,983. American Strategic Investment has a 1 year low of $7.03 and a 1 year high of $16.30. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 1.53. The business has a fifty day moving average of $8.34 and a two-hundred day moving average of $8.64. The company has a market cap of $21.60 million, a price-to-earnings ratio of -0.91 and a beta of 0.26.

American Strategic Investment (NYSE:NYCGet Free Report) last issued its earnings results on Monday, April 13th. The company reported ($2.62) earnings per share for the quarter, missing the consensus estimate of ($1.72) by ($0.90). American Strategic Investment had a negative return on equity of 105.28% and a negative net margin of 48.97%.The company had revenue of $6.48 million during the quarter, compared to analyst estimates of $14.39 million.

American Strategic Investment Company Profile

(Get Free Report)

American Strategic Investment Co (NYSE: NYC) owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.

Further Reading

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