Adam C. Smith Sells 85,000 Shares of Alternative Income REIT (LON:AIRE) Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 85,000 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 70 ($0.90), for a total value of £59,500 ($76,823.76).

Alternative Income REIT Trading Down 2.4 %

LON:AIRE opened at GBX 69 ($0.89) on Friday. Alternative Income REIT has a twelve month low of GBX 64 ($0.83) and a twelve month high of GBX 76 ($0.98). The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70. The business has a 50 day moving average price of GBX 69.51 and a two-hundred day moving average price of GBX 70.03. The company has a market cap of £52.87 million, a P/E ratio of 22.42 and a beta of 0.80.

Alternative Income REIT (LON:AIRE) last posted its quarterly earnings results 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%.

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.