Alternative Income REIT (LON:AIRE) Posts Earnings Results

Alternative Income REIT (LON:AIRE) released its quarterly earnings results on Tuesday. The company reported GBX 3.26 ($0.04) EPS for the quarter, Digital Look Earnings reports. Alternative Income REIT had a net margin of 29.84% and a return on equity of 3.60%.

Alternative Income REIT Trading Up 1.8 %

LON:AIRE traded up GBX 1.30 ($0.02) on Thursday, reaching GBX 74 ($0.95). The company’s stock had a trading volume of 303,316 shares, compared to its average volume of 99,249. Alternative Income REIT has a 12-month low of GBX 64 ($0.82) and a 12-month high of GBX 76 ($0.98). The firm has a market cap of £56.70 million, a price-to-earnings ratio of 24.05 and a beta of 0.80. 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 stock has a 50 day moving average price of GBX 69.14 and a 200 day moving average price of GBX 70.02.

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.