Alternative Income REIT (LON:AIRE) Insider Sells £17,750 in Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 25,000 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of GBX 71 ($0.92), for a total value of £17,750 ($22,959.51).

Alternative Income REIT Price Performance

LON AIRE opened at GBX 71.80 ($0.93) on Friday. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.83) and a fifty-two week high of GBX 76 ($0.98). The stock’s 50-day moving average is GBX 69.50 and its two-hundred day moving average is GBX 70.06. The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07. The firm has a market cap of £55.01 million, a P/E ratio of 23.33 and a beta of 0.80.

Alternative Income REIT (LON:AIRE) last posted its earnings results on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) earnings per share for the quarter. Alternative Income REIT had a return on equity of 3.60% and a net margin of 29.84%.

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.