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

Alternative Income REIT (LON:AIRE - Get Free Report) 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 ($136,151.45).

Alternative Income REIT Stock Performance

Shares of LON:AIRE traded down GBX 1.70 ($0.02) during midday trading on Friday, reaching GBX 69 ($0.89). The company had a trading volume of 54,738 shares, compared to its average volume of 118,008. 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 current ratio of 13.51, a quick ratio of 2.07 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 ($0.99). The company's 50 day moving average price is GBX 69.52 and its 200 day moving average price is GBX 70.04.

Alternative Income REIT (LON:AIRE - Get Free Report) 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 net margin of 29.84% and a return on equity of 3.60%.

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.