Adam C. Smith Sells 50,000 Shares of Alternative Income REIT (LON:AIRE) Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 50,000 shares of the company’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of GBX 69 ($0.89), for a total value of £34,500 ($44,654.41).

Alternative Income REIT Price Performance

Shares of AIRE opened at GBX 69 ($0.89) on Friday. The firm has a market cap of £52.87 million, a PE ratio of 22.42 and a beta of 0.80. Alternative Income REIT has a 52-week low of GBX 64 ($0.83) and a 52-week high of GBX 76 ($0.98). The business’s 50 day moving average price is GBX 69.71 and its two-hundred day moving average price is GBX 69.99. The company has a debt-to-equity ratio of 62.70, a quick ratio of 2.07 and a current ratio of 13.51.

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