Alternative Income REIT (LON:AIRE) Insider Sells £67,000 in Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 100,000 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of GBX 67 ($0.87), for a total transaction of £67,000 ($86,720.17).

Alternative Income REIT Price Performance

Shares of Alternative Income REIT stock opened at GBX 69 ($0.89) on Friday. The stock has a market capitalization of £52.87 million, a P/E ratio of 22.42 and a beta of 0.80. The business has a 50 day simple moving average of GBX 69.71 and a two-hundred day simple moving average of GBX 70. Alternative Income REIT has a 12 month low of GBX 64 ($0.83) and a 12 month high of GBX 76 ($0.98). The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07.

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

About Alternative Income REIT

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.