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 that occurred on Monday, March 17th. The shares were sold at an average price of GBX 70 ($0.91), for a total transaction of £59,500 ($77,403.41).

Alternative Income REIT Trading Up 2.0 %

LON:AIRE opened at GBX 71.80 ($0.93) on Thursday. The stock’s 50-day moving average is GBX 69.51 and its two-hundred day moving average is GBX 70.04. The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07. The stock has a market cap of £55.01 million, a PE ratio of 23.33 and a beta of 0.80. 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).

Alternative Income REIT (LON:AIRE) last released 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 net margin of 29.84% and a return on equity of 3.60%.

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.