Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 125.84 ($1.56) and traded as low as GBX 124.11 ($1.53). Real Estate Credit Investments shares last traded at GBX 125.50 ($1.55), with a volume of 738,180 shares.
Real Estate Credit Investments Price Performance
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 50 day moving average of GBX 125.78 and a 200-day moving average of GBX 125.87. The firm has a market capitalization of £276.25 million, a P/E ratio of 1,245.00 and a beta of 0.42.
Real Estate Credit Investments Dividend Announcement
The firm also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th were given a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 2.38%. Real Estate Credit Investments's payout ratio is presently 12,000.00%.
Insider Buying and Selling
In related news, insider Colleen McHugh acquired 8,000 shares of the company's stock in a transaction on Thursday, November 28th. The stock was purchased at an average cost of GBX 126 ($1.56) per share, with a total value of £10,080 ($12,459.83). 0.50% of the stock is owned by insiders.
About Real Estate Credit Investments
(
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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.
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