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 company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of GBX 69 ($0.89), for a total transaction of £34,500 ($44,608.22).

Alternative Income REIT Trading Down 1.1 %

LON:AIRE opened at GBX 69 ($0.89) on Monday. 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’s 50-day simple moving average is GBX 69.71 and its 200-day simple moving average is GBX 69.99. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.83) and a fifty-two week high of GBX 76 ($0.98). The stock has a market capitalization of £52.87 million, a PE ratio of 22.42 and a beta of 0.80.

Alternative Income REIT (LON:AIRE) last released its quarterly 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 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.