Real Estate Credit Investments (LON:RECI) Insider Acquires £8,120 in Stock

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh bought 7,000 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were bought at an average price of GBX 116 per share, for a total transaction of £8,120.

Real Estate Credit Investments Stock Performance

Shares of LON RECI traded up GBX 2 during trading on Monday, hitting GBX 117.50. The company had a trading volume of 435,347 shares, compared to its average volume of 390,849. The stock has a 50 day simple moving average of GBX 117.17 and a 200 day simple moving average of GBX 120.80. The company has a debt-to-equity ratio of 22.25, a quick ratio of 0.10 and a current ratio of 0.30. Real Estate Credit Investments Limited has a 12 month low of GBX 112 and a 12 month high of GBX 132. The firm has a market capitalization of £259.73 million, a P/E ratio of 13.66 and a beta of 0.20.

Real Estate Credit Investments (LON:RECI) last announced its quarterly earnings data on Thursday, June 25th. The company reported GBX 6.90 earnings per share (EPS) for the quarter. The company had revenue of GBX 3,329 million during the quarter. Real Estate Credit Investments had a return on equity of 7.08% and a net margin of 75.80%. As a group, analysts anticipate that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current year.

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. $5bn via private funds and managed accounts. RECI’s overarching aim is to deliver a stable quarterly dividend with minimal volatility, through economic and credit cycles via a levered exposure to real estate credit investments.