Adam C. Smith Sells 150,000 Shares of Alternative Income REIT (LON:AIRE) Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 150,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of GBX 70 ($0.90), for a total value of £105,000 ($135,729.06).

Alternative Income REIT Stock Performance

Shares of AIRE stock opened at GBX 71.80 ($0.93) on Monday. The stock has a market cap of £55.01 million, a PE ratio of 23.33 and a beta of 0.80. The business has a 50-day simple moving average of GBX 69.50 and a 200-day simple moving average of GBX 70.05. The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70. Alternative Income REIT has a 52-week low of GBX 64 ($0.83) and a 52-week high of GBX 76 ($0.98).

Alternative Income REIT (LON:AIRE) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 3.26 ($0.04) earnings per share (EPS) 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.