Alternative Income REIT (LON:AIRE) Insider Adam C. Smith Sells 150,000 Shares

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 150,000 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of GBX 70 ($0.91), for a total transaction of £105,000 ($136,381.35).

Alternative Income REIT Stock Down 2.8 %

Shares of LON AIRE opened at GBX 69.81 ($0.91) on Tuesday. The business’s fifty day simple moving average is GBX 69.46 and its 200-day simple moving average is GBX 70.05. 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 £53.49 million, a P/E ratio of 22.69 and a beta of 0.80. Alternative Income REIT has a 12-month low of GBX 64 ($0.83) and a 12-month high of GBX 76 ($0.99).

Alternative Income REIT (LON:AIRE) last issued 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.