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

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 150,000 shares of the company’s 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 ($136,381.35).

Alternative Income REIT Trading Down 2.8 %

LON AIRE opened at GBX 69.81 ($0.91) on Tuesday. The company has a 50-day moving average of GBX 69.46 and a 200-day moving average of GBX 70.05. 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 has a 12 month low of GBX 64 ($0.83) and a 12 month high of GBX 76 ($0.99). The company has a market cap of £53.49 million, a P/E ratio of 22.69 and a beta of 0.80.

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