Insider Selling: Alternative Income REIT (LON:AIRE) Insider Sells 100,000 Shares of Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 100,000 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of GBX 67 ($0.87), for a total transaction of £67,000 ($86,742.62).

Alternative Income REIT Stock Performance

LON AIRE opened at GBX 69.02 ($0.89) on Friday. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.83) and a fifty-two week high of GBX 76 ($0.98). The stock has a market cap of £52.88 million, a PE ratio of 22.43 and a beta of 0.80. 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 firm’s fifty day moving average price is GBX 69.71 and its two-hundred day moving average price is GBX 70.02.

Alternative Income REIT (LON:AIRE) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) earnings per share 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.