Alternative Income REIT (LON:AIRE) Sets New 1-Year Low - Should You Sell?

Key Points

• Alternative Income REIT has reached a new 52-week low, trading at GBX 62.25 ($0.84) amid concerns over its stock performance.
• The company has a market capitalization of £50.72 million and a notably high price-to-earnings ratio of 992.13.
• Despite its challenges, Alternative Income REIT aims to provide a sustainable income return through a diversified portfolio in alternative and specialist property sectors.

Alternative Income REIT (LON:AIRE - )'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 62.25 ($0.84) and last traded at GBX 63 ($0.85), with a volume of 652787 shares. The stock had previously closed at GBX 64.01 ($0.86).

Alternative Income REIT Stock Performance

The company has a market capitalization of £50.72 million, a price-to-earnings ratio of 992.13 and a beta of 0.80. 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 stock's fifty day simple moving average is GBX 70.62 and its 200-day simple moving average is GBX 70.91.

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.

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