Real Estate Credit Investments (LON:RECI) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Real Estate Credit Investments Limited (LON:RECI)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 126.07 ($1.56) and traded as low as GBX 124 ($1.53). Real Estate Credit Investments shares last traded at GBX 124 ($1.53), with a volume of 102,061 shares changing hands.

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 market capitalization of £275.14 million, a PE ratio of 1,240.00 and a beta of 0.42. The stock’s 50-day moving average is GBX 125.01 and its two-hundred day moving average is GBX 126.07.

Real Estate Credit Investments (LON:RECI) last released 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 return on equity of 6.59% and a net margin of 70.28%. On average, equities analysts predict that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current year.

Real Estate Credit Investments Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th were paid a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, December 5th. This represents a yield of 2.38%. Real Estate Credit Investments’s dividend payout ratio (DPR) is presently 12,000.00%.

Insider Activity

In related news, insider Colleen McHugh bought 8,000 shares of the stock in a transaction that occurred on Thursday, November 28th. The stock was bought at an average cost of GBX 126 ($1.56) per share, for a total transaction of £10,080 ($12,450.59). Company insiders own 0.50% of the company’s stock.

Real Estate Credit Investments Company Profile

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.