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Alternative Income REIT (LON:AIRE) Reaches New 1-Year High - Here's What Happened

Alternative Income REIT logo with Real Estate background

Alternative Income REIT (LON:AIRE - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 77 ($1.03) and last traded at GBX 75.22 ($1.01), with a volume of 152438 shares changing hands. The stock had previously closed at GBX 75.50 ($1.01).

Alternative Income REIT Trading Down 0.4%

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 has a market capitalization of £57.64 million, a price-to-earnings ratio of 24.44 and a beta of 0.80. The business has a fifty day moving average price of GBX 73.59 and a 200 day moving average price of GBX 71.

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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