Alternative Income REIT (LON:AIRE) Releases Quarterly Earnings Results

Alternative Income REIT (LON:AIRE) released its quarterly earnings results on Tuesday. The company reported GBX 3.26 ($0.04) EPS for the quarter, Digital Look Earnings reports. Alternative Income REIT had a net margin of 29.84% and a return on equity of 3.60%.

Alternative Income REIT Trading Up 4.0 %

Shares of Alternative Income REIT stock opened at GBX 71.99 ($0.92) on Wednesday. The firm’s 50 day moving average is GBX 69.03 and its 200 day moving average is GBX 70. The firm has a market capitalization of £55.16 million, a PE ratio of 23.39 and a beta of 0.80. Alternative Income REIT has a 1 year low of GBX 64 ($0.82) and a 1 year high of GBX 73.80 ($0.94). The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70.

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.