Alternative Income REIT (LON:AIRE) Posts Earnings Results

Alternative Income REIT (LON:AIRE) issued its earnings results 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 Stock Performance

Shares of AIRE traded up GBX 1.30 ($0.02) during midday trading on Thursday, hitting GBX 74 ($0.95). 303,316 shares of the stock traded hands, compared to its average volume of 99,249. The business’s 50 day moving average price is GBX 69.14 and its two-hundred day moving average price is GBX 70.02. The firm has a market capitalization of £56.70 million, a PE ratio of 24.05 and a beta of 0.80. The company has a debt-to-equity ratio of 62.70, a quick ratio of 2.07 and a current ratio of 13.51. Alternative Income REIT has a 1-year low of GBX 64 ($0.82) and a 1-year high of GBX 76 ($0.98).

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.