How to Buy American Strategic Investment Co Stock
American Strategic Investment Co
New York City REIT, Inc. (NYSE: NYC) is a publicly traded real estate investment trust listed on the NYSE that owns a portfolio of high-quality commercial real estate located within the five boroughs of New York City.
American Strategic Investment Co stock last closed at $6.22, up 2.05% from the previous day, and has decreased 40.25% in one year. It has underperformed other stocks in the Real Estate Services industry by 0.44 percentage points. American Strategic Investment Co stock is currently +6.6% from its 52-week low of $5.84, and -41.25% from its 52-week high of $10.59.
As of Apr 26, 2024, there are 2.4M NYC shares outstanding. The market value of NYC is $14.96M. In the last 24 hours, 475 NYC shares were traded.
How to Buy American Strategic Investment Co Stock
Wondering how to invest in American Strategic Investment Co stock? Here's how.
- Figure out where to buy American Strategic Investment Co stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy American Strategic Investment Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your information.
- Research American Strategic Investment Co stock: The American Strategic Investment Co ticker symbol is NYC. Is American Strategic Investment Co stock a good investment? Should you buy shares of NYC? How do NYC's underlying business fundamentals look? Do top analysts think American Strategic Investment Co is a good buy? Why has NYC's stock price moved recently? (Hint: Our stock market research tools can help you decide if NYC is a good stock to buy).
- Make your NYC trade: Decide if you will purchase NYC shares at the current market price or use a limit order to buy NYC shares at a specific price.
- Monitor your NYC position: Create a watchlist to important updates regarding your position in American Strategic Investment Co stock.
Step 1: Figure out where to buy American Strategic Investment Co stock
You need a brokerage account in order to access the NYSE market and buy NYC shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Healthcare, New York to Shanghai — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can invest in NYC today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch the video below to see the process of depositing money into your new investment account.
Step 4: Research American Strategic Investment Co stock
Once you have figured out the best place to buy American Strategic Investment Co stock, it's absolutely critical to research their stock prior to buying, so you actually understand the risk as well as the upside.
American Strategic Investment Co stock quick numbers
NYC Due Diligence Checks
WallStreetZen was created to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NYC's stock page.
What is the fair value of NYC stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NYC's intrinsic value.
Using relative valuations metrics:
- NYC could be undervalued based on its P/B ratio of 0.07x, relative to Real Estate Services industry P/B ratio of 2.4x
You can access additional valuation analysis on NYC's stock here.
A quick look at NYC Financials
Cons:
- Total NYC debt is higher than 5 years ago, relative to shareholder equity.
- NYC profit margin has gone down from -71.7% to -168.9% in the past year.
- NYC has a relatively high debt to equity ratio of 2.09.
You can dig deeper into what analysts are forecasting on the American Strategic Investment Co stock forecast page.
NYC Trading Indicators
Is NYC Making Money?
Last year, NYC revenue was $62.71M. During the past five year, NYC's revenue has gone up by 0.1% per year. This was slower than the Real Estate Services industry average of 16.65%.
Find out more about NYC's earnings and revenue performance here.
What are NYC insiders up to?
In the last year, insiders at NYC have bought more shares than they have sold.
Nicholas S. Schorsch, 10% Owner of NYC, was the latest NYC insider to buy. They bought $8,080.00 worth of NYC stock on Jan 10, 2024.
Dig into more about who owns NYC stock here.
Does NYC stock generate passive income?
No, American Strategic Investment Co doesn't provide an income stream by paying out dividends.
What do other traders have to say about NYC?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your NYC trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, use a limit order.
Hit the Open button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your NYC position
Now that you own some NYC shares, you'll want to stay up-to-date on your new shares.
Put NYC on a watchlist to monitor your NYC stock.
NYC Feed
How to Buy Stock in American Strategic Investment Co
To reiterate, here are the 6 steps you need to take to buy American Strategic Investment Co stock right now:
- Figure out where to buy American Strategic Investment Co stock
- Create a brokerage account
- Deposit money your brokerage account
- Research American Strategic Investment Co stock
- Make your NYC trade
- Monitor your NYC position
If you need a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep track of your investment in American Strategic Investment Co, add NYC to your watchlist by clicking the button below.
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