Alternative Income REIT (LON:AIRE) Issues Earnings Results

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

Alternative Income REIT Price Performance

AIRE traded up GBX 0.83 ($0.01) during midday trading on Thursday, hitting GBX 73.53 ($0.95). The company had a trading volume of 299,321 shares, compared to its average volume of 99,163. The company has a debt-to-equity ratio of 62.70, a quick ratio of 2.07 and a current ratio of 13.51. The firm’s 50-day simple moving average is GBX 69.14 and its 200-day simple moving average is GBX 70.02. Alternative Income REIT has a twelve month low of GBX 64 ($0.82) and a twelve month high of GBX 76 ($0.98). The company has a market capitalization of £56.34 million, a PE ratio of 23.89 and a beta of 0.80.

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.