Alternative Income REIT (LON:AIRE) Insider Adam C. Smith Sells 250 Shares of Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 250 shares of the business’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of GBX 72 ($0.93), for a total value of £180 ($231.75).

Alternative Income REIT Stock Down 1.6 %

Shares of LON AIRE opened at GBX 72.83 ($0.94) on Tuesday. The business has a 50-day simple moving average of GBX 69.41 and a two-hundred day simple moving average of GBX 70.07. Alternative Income REIT has a 52 week low of GBX 64 ($0.82) and a 52 week high of GBX 76 ($0.98). The company has a market cap of £55.80 million, a P/E ratio of 23.67 and a beta of 0.80. The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70.

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 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.