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Alternative Income REIT (LON:AIRE) Reaches New 12-Month High - What's Next?

Alternative Income REIT logo with Real Estate background

Alternative Income REIT (LON:AIRE - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 77 ($1.05) and last traded at GBX 74.96 ($1.02), with a volume of 66595 shares. The stock had previously closed at GBX 74 ($1.01).

Alternative Income REIT Stock Performance

The company's 50 day moving average price is GBX 73 and its 200 day moving average price is GBX 70.73. 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 company has a market cap of £57.85 million, a price-to-earnings ratio of 24.53 and a beta of 0.80.

About Alternative Income REIT

(Get Free Report)

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.

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