Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 123.70 ($1.61) and traded as high as GBX 130 ($1.69). Real Estate Credit Investments shares last traded at GBX 128.50 ($1.67), with a volume of 111,959 shares trading hands.
Real Estate Credit Investments Price Performance
The company has a quick ratio of 0.10, a current ratio of 0.88 and a debt-to-equity ratio of 7.29. The stock's 50-day simple moving average is GBX 128.62 and its 200 day simple moving average is GBX 123.74. The company has a market cap of £286.24 million, a price-to-earnings ratio of 1,290.00 and a beta of 0.42.
Real Estate Credit Investments Dividend Announcement
The company also recently announced a dividend, which was paid on Friday, October 18th. Investors of record on Thursday, September 26th were paid a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a dividend yield of 2.31%. Real Estate Credit Investments's payout ratio is 12,000.00%.
Insider Transactions at Real Estate Credit Investments
In other Real Estate Credit Investments news, insider Andreas Tautscher bought 7,500 shares of the business's stock in a transaction dated Wednesday, October 9th. The shares were acquired at an average price of GBX 129 ($1.68) per share, with a total value of £9,675 ($12,594.38). Corporate insiders own 0.50% of the company's stock.
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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