Alternative Income REIT (LON:AIRE) Insider Adam C. Smith Sells 100,000 Shares

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 100,000 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of GBX 67 ($0.87), for a total transaction of £67,000 ($86,742.62).

Alternative Income REIT Stock Up 1.8 %

Shares of LON:AIRE traded up GBX 1.30 ($0.02) during mid-day trading on Wednesday, hitting GBX 71.60 ($0.93). 126,743 shares of the company traded hands, compared to its average volume of 115,979. The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70. The stock has a market cap of £54.86 million, a P/E ratio of 23.27 and a beta of 0.80. The stock has a 50-day moving average price of GBX 69.64 and a two-hundred day moving average price of GBX 70.03. Alternative Income REIT has a 12-month low of GBX 64 ($0.83) and a 12-month high of GBX 76 ($0.98).

Alternative Income REIT (LON:AIRE) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) EPS for the quarter. Alternative Income REIT had a return on equity of 3.60% and a net margin of 29.84%.

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.