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 on Thursday, March 13th. The shares were sold at an average price of GBX 70 ($0.91), for a total transaction of £105,000 ($136,505.46).

Alternative Income REIT Stock Performance

Shares of AIRE stock opened at GBX 69.81 ($0.91) on Wednesday. The stock has a market cap of £53.49 million, a PE ratio of 22.69 and a beta of 0.80. The company’s fifty day moving average price is GBX 69.48 and its 200-day moving average price is GBX 70.04. Alternative Income REIT has a 12 month low of GBX 64 ($0.83) and a 12 month high of GBX 76 ($0.99). The company has a current ratio of 13.51, a quick ratio of 2.07 and a debt-to-equity ratio of 62.70.

Alternative Income REIT (LON:AIRE) last issued its 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.