Shares of Alternative Income REIT (LON:AIRE - Get Free Report) were down 1.7% during trading on Tuesday . The stock traded as low as GBX 70.40 and last traded at GBX 70.40. Approximately 188,705 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 157,911 shares. The stock had previously closed at GBX 71.63.
Alternative Income REIT Stock Down 1.7%
The business has a 50 day moving average price of GBX 74.76 and a 200 day moving average price of GBX 74.53. The stock has a market cap of £56.67 million, a PE ratio of 8.20 and a beta of 0.61.
Alternative Income REIT (LON:AIRE - Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 3.32 earnings per share (EPS) for the quarter. Alternative Income REIT had a return on equity of 10.22% and a net margin of 77.88%.
About Alternative Income REIT
(
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AIRE own and actively manage a diversified portfolio of UK properties let to a range of strong tenant covenants, with a particular focus on alternative and specialist real estate sectors, which generates resilient and growing income returns. Alternative Income REIT PLC aims to offer investors a secure, diversified and inflation-linked income return, whilst at least maintaining capital values in real terms, through exposure to alternative and specialist real estate sectors such as automotive & petroleum, education, healthcare, hotels and industrials.
The Group invests in freehold and long UK leasehold properties across the whole spectrum of the UK property sector, but with a focus on alternative and specialist real estate sectors.
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