Alternative Income REIT (LON:AIRE) Insider Adam C. Smith Sells 150,000 Shares

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 150,000 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of GBX 70 ($0.91), for a total value of £105,000 ($136,594.25).

Alternative Income REIT Trading Up 2.0 %

Shares of LON:AIRE opened at GBX 71.80 ($0.93) on Thursday. 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 company’s 50-day moving average price is GBX 69.51 and its 200 day moving average price is GBX 70.04. The company has a market cap of £55.01 million, a PE ratio of 23.33 and a beta of 0.80. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.83) and a fifty-two week high of GBX 76 ($0.99).

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

Alternative Income REIT Company Profile

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.