CSIMarket Company Name, Ticker, Customers, else..
 
American Strategic Investment Co   (NYSE: NYC)
Other Ticker:  
 
 
Price: $8.2351 $0.00 0.001%
Day's High: $8.5 Week Perf: -7.77 %
Day's Low: $ 7.98 30 Day Perf: -8.65 %
Volume (M): 6 52 Wk High: $ 10.91
Volume (M$): $ 52 52 Wk Avg: $8.19
Open: $8.00 52 Wk Low: $5.46



 Market Capitalization (Millions $) 21
 Shares Outstanding (Millions) 3
 Employees -
 Revenues (TTM) (Millions $) 63
 Net Income (TTM) (Millions $) -183
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 5

American Strategic Investment Co
American Strategic Investment Co is a financial services company based in the United States. It engages in the management and investment of assets in various sectors, including real estate, technology, energy, and healthcare. The company focuses on providing strategic and long-term investment solutions to its clients, aiming to generate sustainable returns. It employs a team of experienced professionals who analyze market trends and opportunities to make informed investment decisions. American Strategic Investment Co aims to create value and foster growth by aligning its investments with the goals and objectives of its clients.


   Company Address: 222 Bellevue Ave. Newport 2840 RI
   Company Phone Number: 415-6500   Stock Exchange / Ticker: NYSE NYC


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DLR   -2.02%    
O   -0.94%    
PLD        0.47% 
PSA   -3.17%    
SPG   -3.11%    
WELL   -3.03%    
• View Complete Report
   



Business Update

ASIC Convenes for a Corporate Overhaul Times Square Property Sale, Business Model Evolution, and Board Shake-Up ...

Published Wed, Jun 26 2024 12:47 PM UTC

American Strategic Investment Co. Sets Plan to Sell Times Square Property and Enhance Business Model, Along with Changes to Board of DirectorsIn a move to streamline its operations and reshape its business model, American Strategic Investment Co. (ASIC) has announced plans to sell its prime properties in Times Square, aiming to accelerate its evolution and diversification ef...
American Strategic Investment Co

American Strategic Investment Co Faces Uninspiring Times Amid Financial Losses in First Quarter of 2024



American Strategic Investment Co (ASIC), a leading real estate investment company based in New York City, has recently announced its financial and operating results for the first quarter of 2024. Despite a net loss, the company's revenue remained consistent, while its shares experienced an impressive 50.05% increase. These positive developments reflect ASIC's commitment to portfolio management and its ability to attract tenants even in challenging times. This article will examine the impact of these results on the company's future prospects.
1. Occupancy Growth and Leasing Success:
ASIC's achievements in the first quarter demonstrate its strength in managing its real estate portfolio. With a new license agreement covering approximately 8,000 square feet, the company's occupancy rate stands at an impressive 87.2%. Furthermore, ASIC's leasing pipeline hints at the potential for an additional 14,000 square feet. These positive leasing trends suggest that the company has successfully attracted tenants, highlighting its ability to optimize its real estate assets.
Business Update

American Strategic Investment Co. Thrives with Strong Occupancy Growth and Leasing Achievements in Challenging Times.

Published Mon, May 6 2024 12:47 PM UTC

American Strategic Investment Co. Experiences Strong Occupancy Growth and Leasing Success in First QuarterIn a recent announcement, American Strategic Investment Co. (ASIC) revealed its achievements in the first quarter, highlighting a new license agreement and an impressive occupancy growth rate. These accomplishments signify the company's strong portfolio management and ab...
Business Update

ASIC's New Strategic Moves: A Response to Revenue Flux and a Pathway to Diversity

Published Tue, Apr 30 2024 11:47 AM UTC

With a clear sight on diversifying and speeding up its evolving business model, the American Strategic Investment Co. (NYSE: NYC) (ASIC or the Company) has publicized its decision to place several of its prime real estate assets on the market. This revelation borrows heavily from the company's intention to bring a fresh wave of strategic progression to its endeavors. The ASI...
American Strategic Investment Co

American Strategic Investment Co. Reports Modest Performance in Fourth Quarter of 2023

American Strategic Investment Co. (ASIC) has recently experienced a significant decline in its shares, with a decrease of -19.52% over the past three months. In comparison, NYC shares have also dropped by -14.72% in the last 30 days. Additionally, ASIC shares are currently trading only 4.6% above their 52-week low.
These share price declines can be attributed to the company's financial performance. For the fiscal period ending December 31, 2023, ASIC reported a loss per share of $-32.23, compared to $-5.48 in the previous year. The loss per share also increased from $-4.10 in the preceding quarter. Furthermore, the company's revenue decreased by -5.044% to $15.38 million from $16.20 million in the same quarter of the previous year. Sequentially, the revenue decreased by -3.971% from $16.02 million.
Looking at the full fiscal year ending December 31, 2023, ASIC recorded a net loss of $-73.877 million, which was larger than the net loss of $-10.716 million in the previous year. The company also announced a loss of $-105.92 million and revenue of $62.71 million for the financial period. The net loss per share widened from $-26.59 to $-47.57, while revenue decreased by -2.02% from $64.01 million in the previous year.






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