Alternative Income REIT (LON:AIRE) Issues Quarterly Earnings Results

Alternative Income REIT (LON:AIRE) announced its earnings results 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 net margin of 29.84% and a return on equity of 3.60%.

Alternative Income REIT Stock Up 1.5 %

Shares of LON AIRE opened at GBX 69.92 ($0.89) on Tuesday. The firm’s 50 day simple moving average is GBX 69.01 and its two-hundred day simple moving average is GBX 70.02. The company has a debt-to-equity ratio of 62.70, a current ratio of 13.51 and a quick ratio of 2.07. Alternative Income REIT has a one year low of GBX 64 ($0.81) and a one year high of GBX 73.80 ($0.94). The stock has a market capitalization of £53.57 million, a P/E ratio of 22.72 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.