Real Estate Credit Investments Limited (LON:RECI) Insider Acquires £12,400 in Stock

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) insider Mark Thompson purchased 10,000 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was purchased at an average cost of GBX 124 ($1.60) per share, with a total value of £12,400 ($16,012.40).

Real Estate Credit Investments Stock Down 0.4 %

Shares of LON RECI traded down GBX 0.50 ($0.01) during mid-day trading on Monday, reaching GBX 124 ($1.60). 98,418 shares of the company's stock were exchanged, compared to its average volume of 290,638. Real Estate Credit Investments Limited has a twelve month low of GBX 113.50 ($1.47) and a twelve month high of GBX 131 ($1.69). The company has a current ratio of 7.27, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29. The firm has a market capitalization of £276.29 million, a price-to-earnings ratio of 1.19 and a beta of 0.42. The business has a fifty day simple moving average of GBX 124.10 and a 200 day simple moving average of GBX 126.

About Real Estate Credit Investments

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.