Adam C. Smith Sells 100,000 Shares of Alternative Income REIT (LON:AIRE) Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of GBX 67 ($0.87), for a total transaction of £67,000 ($86,742.62).

Alternative Income REIT Stock Performance

Shares of Alternative Income REIT stock traded up GBX 1.30 ($0.02) during trading hours on Wednesday, reaching GBX 71.60 ($0.93). The company had a trading volume of 126,743 shares, compared to its average volume of 115,979. The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07. Alternative Income REIT has a one year low of GBX 64 ($0.83) and a one year high of GBX 76 ($0.98). The firm has a market cap of £54.86 million, a PE ratio of 23.27 and a beta of 0.80. The business has a fifty day simple moving average of GBX 69.64 and a 200 day simple moving average of GBX 70.03.

Alternative Income REIT (LON:AIRE) last announced 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%.

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.