Insider Selling: Alternative Income REIT (LON:AIRE) Insider Sells £59,500 in Stock

Alternative Income REIT (LON:AIRE - Get Free Report) insider Adam C. Smith sold 85,000 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 70 ($0.90), for a total value of £59,500 ($76,833.68).

Alternative Income REIT Stock Down 2.4 %

Shares of LON:AIRE traded down GBX 1.70 ($0.02) during trading on Friday, hitting GBX 69 ($0.89). The stock had a trading volume of 54,738 shares, compared to its average volume of 118,008. Alternative Income REIT has a 12 month low of GBX 64 ($0.83) and a 12 month high of GBX 76 ($0.98). The company has a quick ratio of 2.07, a current ratio of 13.51 and a debt-to-equity ratio of 62.70. The company has a market capitalization of £52.87 million, a PE ratio of 22.42 and a beta of 0.80. The firm's fifty day moving average is GBX 69.51 and its 200 day moving average is GBX 70.02.

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

About Alternative Income REIT

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.