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 business’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of GBX 69 ($0.89), for a total transaction of £34,500 ($44,665.98).

Alternative Income REIT Stock Down 1.1 %

Shares of LON AIRE traded down GBX 0.80 ($0.01) during mid-day trading on Friday, reaching GBX 69 ($0.89). 85,639 shares of the company’s stock traded hands, compared to its average volume of 119,493. 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 business has a 50-day simple moving average of GBX 69.71 and a 200 day simple moving average of GBX 70.02. The stock has a market cap of £52.87 million, a P/E ratio of 22.42 and a beta of 0.80. Alternative Income REIT has a 1-year low of GBX 64 ($0.83) and a 1-year high of GBX 76 ($0.98).

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

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.