Real Estate Credit Investments (LON:RECI) Insider Colleen McHugh Purchases 8,000 Shares

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh purchased 8,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were bought at an average price of GBX 124 per share, for a total transaction of £9,920.

Real Estate Credit Investments Stock Performance

Shares of RECI opened at GBX 123.50 on Wednesday. The firm’s 50 day moving average is GBX 127.65 and its 200-day moving average is GBX 125.21. The stock has a market capitalization of £275.18 million, a P/E ratio of 1.18 and a beta of 0.42. The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. Real Estate Credit Investments Limited has a 12-month low of GBX 118 and a 12-month high of GBX 132.

Real Estate Credit Investments (LON:RECI) last announced its quarterly earnings data on Wednesday, June 25th. The company reported GBX 10.20 earnings per share (EPS) for the quarter. Real Estate Credit Investments had a net margin of 814.69% and a return on equity of 72.23%. Equities research analysts anticipate that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current fiscal year.

About Real Estate Credit Investments

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.