Alternative Income REIT (LON:AIRE) Releases Quarterly Earnings Results

Alternative Income REIT (LON:AIRE) posted its quarterly earnings data on Tuesday. The company reported GBX 3.26 ($0.04) earnings per share for the quarter, Digital Look Earnings reports. Alternative Income REIT had a net margin of 29.84% and a return on equity of 3.60%.

Alternative Income REIT Price Performance

Shares of AIRE traded down GBX 2.70 ($0.03) during mid-day trading on Thursday, hitting GBX 70 ($0.90). The company’s stock had a trading volume of 301,370 shares, compared to its average volume of 99,207. The firm has a 50-day simple moving average of GBX 69.14 and a 200 day simple moving average of GBX 70.02. Alternative Income REIT has a 1-year low of GBX 64 ($0.82) and a 1-year high of GBX 76 ($0.98). The firm has a market capitalization of £53.63 million, a P/E ratio of 22.75 and a beta of 0.80. The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70.

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.