Free Trial

Real Estate Credit Investments (LON:RECI) Share Price Passes Below 200 Day Moving Average - What's Next?

Real Estate Credit Investments logo with Financial Services background

Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 126.07 ($1.56) and traded as low as GBX 124 ($1.53). Real Estate Credit Investments shares last traded at GBX 124 ($1.53), with a volume of 102,061 shares traded.

Real Estate Credit Investments Stock Performance

The business has a fifty day moving average of GBX 124.95 and a 200-day moving average of GBX 126.09. The company has a current ratio of 0.88, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29. The company has a market cap of £274.03 million, a PE ratio of 1,235.00 and a beta of 0.42.

Real Estate Credit Investments (LON:RECI - Get Free Report) last issued its earnings results on Thursday, November 28th. The company reported GBX 5.80 ($0.07) earnings per share (EPS) for the quarter. Real Estate Credit Investments had a net margin of 70.28% and a return on equity of 6.59%. Equities research analysts anticipate that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current fiscal year.

Real Estate Credit Investments Announces Dividend

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

Insider Buying and Selling at Real Estate Credit Investments

In related news, insider Colleen McHugh bought 8,000 shares of Real Estate Credit Investments stock in a transaction dated Thursday, November 28th. The shares were acquired at an average cost of GBX 126 ($1.56) per share, with a total value of £10,080 ($12,450.59). Insiders own 0.50% of the company's stock.

Real Estate Credit Investments Company Profile

(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.

Featured Stories

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