Alternative Income REIT (LON:AIRE) Issues Earnings Results

Alternative Income REIT (LON:AIRE) posted its quarterly earnings data on Tuesday. The company reported GBX 3.26 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Alternative Income REIT had a net margin of 29.84% and a return on equity of 3.60%.

Alternative Income REIT Stock Up 1.1 %

Shares of AIRE stock traded up GBX 0.83 ($0.01) on Thursday, reaching GBX 73.53 ($0.95). 299,321 shares of the company’s stock traded hands, compared to its average volume of 99,163. The business’s 50 day moving average price is GBX 69.14 and its two-hundred day moving average price is GBX 70.02. The company has a debt-to-equity ratio of 62.70, a quick ratio of 2.07 and a current ratio of 13.51. The company has a market capitalization of £56.34 million, a P/E ratio of 23.89 and a beta of 0.80. Alternative Income REIT has a 12-month low of GBX 64 ($0.82) and a 12-month high of GBX 76 ($0.98).

Alternative Income REIT Company Profile

Alternative Income REIT PLC (LSE ticker: AIRE) aims to generate a sustainable, secure and attractive income return for shareholders, including a potentially progressive dividend and capital growth, from a diversified portfolio of resilient UK property investments, predominately in alternative and specialist sectors.