Alternative Income REIT (LON:AIRE) Announces Earnings Results

Alternative Income REIT (LON:AIRE) announced its 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 1.1 %

Shares of AIRE stock opened at GBX 73.53 ($0.95) on Thursday. Alternative Income REIT has a 52-week low of GBX 64 ($0.82) and a 52-week high of GBX 76 ($0.98). 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 has a market capitalization of £56.34 million, a PE ratio of 23.89 and a beta of 0.80. The stock has a fifty day simple moving average of GBX 69.14 and a two-hundred day simple moving average 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.