Alternative Income REIT (LON:AIRE) Insider Sells £67,000 in Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 100,000 shares of Alternative Income REIT stock in a transaction on Monday, March 24th. The shares were sold at an average price of GBX 67 ($0.86), for a total value of £67,000 ($86,262.39).

Alternative Income REIT Price Performance

Shares of LON:AIRE opened at GBX 71.60 ($0.92) on Thursday. The business has a fifty day moving average price of GBX 69.71 and a 200-day moving average price of GBX 70.03. 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 company has a market capitalization of £54.86 million, a PE ratio of 23.27 and a beta of 0.80. Alternative Income REIT has a 1-year low of GBX 64 ($0.82) and a 1-year high of GBX 76 ($0.98).

Alternative Income REIT (LON:AIRE) last announced 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.