Alternative Income REIT (LON:AIRE) Insider Adam C. Smith Sells 150,000 Shares

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 150,000 shares of Alternative Income REIT stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of GBX 70 ($0.91), for a total transaction of £105,000 ($136,505.46).

Alternative Income REIT Trading Down 0.8 %

AIRE stock opened at GBX 69.81 ($0.91) on Wednesday. The firm has a fifty day moving average price of GBX 69.48 and a 200 day moving average price of GBX 70.04. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.83) and a fifty-two week 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 firm has a market cap of £53.49 million, a PE ratio of 22.69 and a beta of 0.80.

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 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.