Adam C. Smith Sells 85,000 Shares of Alternative Income REIT (LON:AIRE) Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 85,000 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of GBX 70 ($0.91), for a total transaction of £59,500 ($77,152.49).

Alternative Income REIT Price Performance

Shares of LON:AIRE opened at GBX 69.43 ($0.90) on Friday. The company has a 50-day simple moving average of GBX 69.52 and a 200-day simple moving average of GBX 70.04. Alternative Income REIT has a one year low of GBX 64 ($0.83) and a one year high of GBX 76 ($0.99). 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 stock has a market capitalization of £53.19 million, a price-to-earnings ratio of 22.56 and a beta of 0.80.

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

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.