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Real Estate Credit Investments (LON:RECI) Stock Crosses Below 200-Day Moving Average - Here's Why

Real Estate Credit Investments logo with Financial Services background

Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 126.18 ($1.59) and traded as low as GBX 123 ($1.55). Real Estate Credit Investments shares last traded at GBX 124 ($1.56), with a volume of 131,294 shares changing hands.

Real Estate Credit Investments Trading Down 0.4 %

The firm has a market capitalization of £274.06 million, a P/E ratio of 1.18 and a beta of 0.42. The business's 50 day moving average is GBX 123.91 and its two-hundred day moving average is GBX 126.22. The company has a quick ratio of 0.10, a current ratio of 7.27 and a debt-to-equity ratio of 7.29.

Real Estate Credit Investments (LON:RECI - Get Free Report) last posted its quarterly earnings data on Thursday, November 28th. The company reported GBX 5.80 ($0.07) EPS for the quarter. Real Estate Credit Investments had a net margin of 814.69% and a return on equity of 72.23%. Analysts expect that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current year.

Real Estate Credit Investments Dividend Announcement

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

Insider Buying and Selling

In related news, insider Colleen McHugh purchased 8,000 shares of the company'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 ($12,687.22). 0.50% of the stock is currently owned by insiders.

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.

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