Alternative Income REIT (LON:AIRE) Insider Sells £17,750 in Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 25,000 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of GBX 71 ($0.92), for a total value of £17,750 ($22,959.51).

Alternative Income REIT Price Performance

Shares of LON:AIRE opened at GBX 71.80 ($0.93) on Friday. The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70. Alternative Income REIT has a 1 year low of GBX 64 ($0.83) and a 1 year high of GBX 76 ($0.98). The business has a fifty day simple moving average of GBX 69.50 and a 200 day simple moving average of GBX 70.06. The firm has a market cap of £55.01 million, a price-to-earnings ratio of 23.33 and a beta of 0.80.

Alternative Income REIT (LON:AIRE) last announced its quarterly earnings data on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) earnings per share (EPS) for the quarter. Alternative Income REIT had a return on equity of 3.60% and a net margin of 29.84%.

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.