Alternative Income REIT (LON:AIRE) Shares Up 0.9% – Time to Buy?

Alternative Income REIT (LON:AIREGet Free Report) traded up 0.9% on Friday . The company traded as high as GBX 70 ($0.88) and last traded at GBX 69.30 ($0.88). 23,784 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 93,447 shares. The stock had previously closed at GBX 68.70 ($0.87).

Alternative Income REIT Price Performance

The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70. The stock’s 50-day moving average price is GBX 69.08 and its 200-day moving average price is GBX 70.10. The company has a market capitalization of £53.09 million, a price-to-earnings ratio of 22.52 and a beta of 0.80.

Alternative Income REIT Company Profile

(Get Free Report)

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.

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