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

Alternative Income REIT (LON:AIRE) posted its earnings results on Tuesday. The company reported GBX 3.26 ($0.04) earnings per share 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 Stock Performance

LON AIRE opened at GBX 73.53 ($0.95) on Thursday. Alternative Income REIT has a 1-year low of GBX 64 ($0.82) and a 1-year high of GBX 76 ($0.98). The company has a 50 day moving average of GBX 69.14 and a 200-day moving average of GBX 70.02. The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70. The firm has a market cap of £56.34 million, a price-to-earnings ratio of 23.89 and a beta of 0.80.

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.