Alternative Income REIT (LON:AIRE) Shares Down 0.4% - What's Next?

Key Points

• Alternative Income REIT shares fell by 0.4% on Monday, trading at GBX 71.60 ($0.97) after reaching a low of GBX 70 ($0.95).
• The company has a market capitalization of £57.64 million and a notably high P/E ratio of 1,127.59.
• Alternative Income REIT focuses on generating a sustainable income return through a diversified portfolio in alternative and specialist property sectors.

Alternative Income REIT (LON:AIRE - ) shares traded down 0.4% on Monday . The stock traded as low as GBX 70 ($0.95) and last traded at GBX 71.60 ($0.97). 385,392 shares were traded during trading, an increase of 167% from the average session volume of 144,351 shares. The stock had previously closed at GBX 71.88 ($0.97).

Alternative Income REIT Stock Down 0.4%

The company has a market cap of £57.64 million, a P/E ratio of 1,127.59 and a beta of 0.80. 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 company's 50-day moving average is GBX 68.63 and its two-hundred day moving average is GBX 70.75.

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.

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