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Alternative Income REIT (LON:AIRE) Sets New 1-Year High - Here's Why

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Alternative Income REIT (LON:AIRE - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 74.60 ($0.96) and last traded at GBX 74.60 ($0.96), with a volume of 443325 shares. The stock had previously closed at GBX 69.20 ($0.89).

Alternative Income REIT Stock Performance

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 stock has a market capitalization of £56.70 million, a PE ratio of 24.05 and a beta of 0.80. The firm's 50-day simple moving average is GBX 69.34 and its two-hundred day simple moving average is GBX 70.05.

Alternative Income REIT (LON:AIRE - Get Free Report) last posted its quarterly 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

(Get Free Report)

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.

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