Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 125.49 ($1.58) and traded as low as GBX 122 ($1.53). Real Estate Credit Investments shares last traded at GBX 124 ($1.56), with a volume of 164,718 shares changing hands.
Real Estate Credit Investments Price 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 stock has a market capitalization of £275.14 million, a price-to-earnings ratio of 1,240.00 and a beta of 0.42. The business's 50 day simple moving average is GBX 126.78 and its 200-day simple moving average is GBX 125.49.
Real Estate Credit Investments Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th will be given a dividend of GBX 3 ($0.04) per share. 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 presently 12,000.00%.
Insider Activity at Real Estate Credit Investments
In related news, insider Andreas Tautscher purchased 7,500 shares of Real Estate Credit Investments stock in a transaction dated Wednesday, October 9th. The stock was bought at an average cost of GBX 129 ($1.62) per share, with a total value of £9,675 ($12,159.11). Also, insider Colleen McHugh acquired 8,000 shares of the stock in a transaction that occurred on Thursday, November 28th. The shares were bought at an average price of GBX 126 ($1.58) per share, for a total transaction of £10,080 ($12,668.09). 0.50% of the stock is owned by 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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