Insider Selling: Alternative Income REIT (LON:AIRE) Insider Sells 50,000 Shares of Stock

Alternative Income REIT (LON:AIRE) insider Adam C. Smith sold 50,000 shares of the firm’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of GBX 69 ($0.89), for a total transaction of £34,500 ($44,654.41).

Alternative Income REIT Stock Performance

LON:AIRE opened at GBX 69 ($0.89) on Friday. Alternative Income REIT has a 1-year low of GBX 64 ($0.83) and a 1-year high of GBX 76 ($0.98). The stock has a market cap of £52.87 million, a P/E ratio of 22.42 and a beta of 0.80. The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07. The firm has a 50-day moving average of GBX 69.71 and a two-hundred day moving average of GBX 70.

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