Real Estate Credit Investments (LON:RECI) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Real Estate Credit Investments Limited (LON:RECI)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 125.92 ($1.53) and traded as high as GBX 126 ($1.53). Real Estate Credit Investments shares last traded at GBX 124.50 ($1.51), with a volume of 287,422 shares changing hands.

Real Estate Credit Investments Trading Down 0.8 %

The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 0.88. The company has a market capitalization of £277.36 million, a price-to-earnings ratio of 1,250.00 and a beta of 0.42. The firm has a fifty day moving average price of GBX 125.21 and a 200-day moving average price of GBX 126.01.

Real Estate Credit Investments Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th were paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a yield of 2.38%. Real Estate Credit Investments’s payout ratio is 12,000.00%.

Insider Buying and Selling at Real Estate Credit Investments

In related news, insider Colleen McHugh purchased 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 28th. The shares were bought at an average cost of GBX 126 ($1.53) per share, with a total value of £10,080 ($12,264.27). Insiders own 0.50% of the company’s stock.

Real Estate Credit Investments Company Profile

Real Estate Credit Investments (RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial real estate in Western Europe, focusing primarily on the United Kingdom, France and Spain.

RECI is externally managed by Cheyne Capital’s real estate business which was formed in 2008 and currently manages c.