Free Trial

Real Estate Credit Investments (LON:RECI) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Real Estate Credit Investments logo with Financial Services background

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 126.24 ($1.59) and traded as low as GBX 123.45 ($1.56). Real Estate Credit Investments shares last traded at GBX 124.50 ($1.57), with a volume of 442,819 shares trading hands.

Real Estate Credit Investments Trading Up 0.4 %

The company has a 50 day moving average of GBX 123.89 and a 200 day moving average of GBX 126.25. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 7.27. The stock has a market capitalization of £275.18 million, a price-to-earnings ratio of 1.18 and a beta of 0.42.

Real Estate Credit Investments (LON:RECI - Get Free Report) last released its quarterly earnings results on Thursday, November 28th. The company reported GBX 5.80 ($0.07) earnings per share for the quarter. Real Estate Credit Investments had a return on equity of 72.23% and a net margin of 814.69%. On average, research analysts predict that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current fiscal year.

Real Estate Credit Investments Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th were issued a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 2.38%. The ex-dividend date was Thursday, December 5th. Real Estate Credit Investments's dividend payout ratio is presently 11.48%.

Insider Transactions at Real Estate Credit Investments

In other news, insider Colleen McHugh bought 8,000 shares of the firm's stock in a transaction that occurred on Thursday, November 28th. The shares were purchased at an average price of GBX 126 ($1.59) per share, with a total value of £10,080 ($12,735.31). Company insiders own 0.50% of the company's stock.

About Real Estate Credit Investments

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Real Estate Credit Investments Right Now?

Before you consider Real Estate Credit Investments, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Real Estate Credit Investments wasn't on the list.

While Real Estate Credit Investments currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines