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 firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of GBX 69 ($0.89), for a total value of £34,500 ($44,665.98).

Alternative Income REIT Trading Down 1.1 %

Shares of Alternative Income REIT stock traded down GBX 0.80 ($0.01) on Friday, reaching GBX 69 ($0.89). 85,639 shares of the company’s stock were exchanged, compared to its average volume of 119,493. The company has a market capitalization of £52.87 million, a P/E ratio of 22.42 and a beta of 0.80. Alternative Income REIT has a 52 week low of GBX 64 ($0.83) and a 52 week high of GBX 76 ($0.98). The company has a debt-to-equity ratio of 62.70, a quick ratio of 2.07 and a current ratio of 13.51. The firm’s 50-day moving average is GBX 69.71 and its two-hundred day moving average is GBX 70.02.

Alternative Income REIT (LON:AIRE) last issued its 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 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.