Insider Selling: Alternative Income REIT (LON:AIRE) Insider Sells 85,000 Shares of Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 85,000 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of GBX 70 ($0.91), for a total transaction of £59,500 ($77,353.09).

Alternative Income REIT Price Performance

Alternative Income REIT stock opened at GBX 70.94 ($0.92) on Wednesday. Alternative Income REIT has a 52-week low of GBX 64 ($0.83) and a 52-week high of GBX 76 ($0.99). The firm has a fifty day moving average of GBX 69.48 and a 200-day moving average of GBX 70.04. The firm has a market capitalization of £54.35 million, a P/E ratio of 23.05 and a beta of 0.80. The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70.

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