Alternative Income REIT (LON:AIRE) Announces Quarterly Earnings Results

Alternative Income REIT (LON:AIRE) released 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 Down 1.3 %

LON:AIRE opened at GBX 67.98 ($0.86) on Tuesday. The company has a market cap of £52.08 million, a PE ratio of 22.09 and a beta of 0.80. Alternative Income REIT has a twelve month low of GBX 64 ($0.81) and a twelve month high of GBX 73.80 ($0.94). The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70. The company’s 50 day moving average is GBX 69.01 and its two-hundred day moving average is GBX 70.02.

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.