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

Alternative Income REIT (LON:AIRE) issued its quarterly earnings data on Tuesday. The company reported GBX 3.26 ($0.04) 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 Trading Up 1.1 %

Shares of AIRE opened at GBX 73.53 ($0.95) on Thursday. The firm has a market cap of £56.34 million, a P/E ratio of 23.89 and a beta of 0.80. Alternative Income REIT has a fifty-two week low of GBX 64 ($0.82) and a fifty-two 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 business has a 50-day moving average of GBX 69.14 and a 200 day moving average of GBX 70.02.

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.