Alternative Income REIT (LON:AIRE) Announces Earnings Results

Alternative Income REIT (LON:AIRE) posted its quarterly earnings data on Tuesday. The company reported GBX 3.26 ($0.04) EPS 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 Down 3.7 %

Shares of LON AIRE traded down GBX 2.70 ($0.03) during midday trading on Thursday, hitting GBX 70 ($0.90). 301,370 shares of the company’s stock were exchanged, compared to its average volume of 99,207. The firm’s fifty day simple moving average is GBX 69.14 and its 200-day simple moving average is GBX 70.02. The company has a market cap of £53.63 million, a PE ratio of 22.75 and a beta of 0.80. Alternative Income REIT has a twelve month low of GBX 64 ($0.82) and a twelve month high of GBX 76 ($0.98). The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07.

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.