Shares of Alternative Income REIT (LON:AIRE - Get Free Report) were up 1.8% during trading on Tuesday . The company traded as high as GBX 70.60 ($0.94) and last traded at GBX 70.58 ($0.94). Approximately 81,740 shares traded hands during trading, a decline of 26% from the average daily volume of 110,820 shares. The stock had previously closed at GBX 69.30 ($0.92).
Alternative Income REIT Stock Up 0.4 %
The company's 50-day simple moving average is GBX 70.05 and its two-hundred day simple moving average is GBX 69.68. 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 firm has a market capitalization of £54.08 million, a P/E ratio of 22.94 and a beta of 0.80.
Alternative Income REIT (LON:AIRE - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) earnings per share for the quarter. Alternative Income REIT had a return on equity of 3.60% and a net margin of 29.84%.
Insider Activity at Alternative Income REIT
In other news, insider Adam C. Smith sold 150,000 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of GBX 70 ($0.93), for a total transaction of £105,000 ($139,331.21). Insiders have sold a total of 410,250 shares of company stock valued at $28,393,000 over the last 90 days. 27.94% of the stock is owned by corporate insiders.
Alternative Income REIT Company Profile
(
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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.
Further Reading
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