Real Estate Credit Investments Limited (LON:RECI - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 125.32 ($1.58) and traded as low as GBX 122 ($1.54). Real Estate Credit Investments shares last traded at GBX 125 ($1.58), with a volume of 121,119 shares.
Real Estate Credit Investments Stock Performance
The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 0.88. The company has a market cap of £272.93 million, a PE ratio of 1,228.90 and a beta of 0.42. The business's 50-day moving average is GBX 127.27 and its 200 day moving average is GBX 125.32.
Real Estate Credit Investments Announces Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th will be issued a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 2.38%. Real Estate Credit Investments's dividend payout ratio is currently 12,000.00%.
Insider Activity at Real Estate Credit Investments
In other Real Estate Credit Investments news, insider Colleen McHugh bought 8,000 shares of the business's stock in a transaction that occurred on Thursday, November 28th. The shares were bought at an average cost of GBX 126 ($1.59) per share, with a total value of £10,080 ($12,722.45). Also, insider Andreas Tautscher purchased 7,500 shares of Real Estate Credit Investments stock in a transaction that occurred on Wednesday, October 9th. The shares were acquired at an average price of GBX 129 ($1.63) per share, for a total transaction of £9,675 ($12,211.28). 0.50% of the stock is currently owned by company insiders.
Real Estate Credit Investments Company Profile
(
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Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.
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