Real Estate Credit Investments (LON:RECI) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Real Estate Credit Investments Limited (LON:RECI) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 125.55 ($1.70) and traded as high as GBX 130 ($1.76). Real Estate Credit Investments shares last traded at GBX 130 ($1.76), with a volume of 297,900 shares changing hands.

Real Estate Credit Investments Stock Up 0.8%

The firm’s fifty day moving average price is GBX 127.23 and its two-hundred day moving average price is GBX 125.55. The stock has a market cap of £288.20 million, a price-to-earnings ratio of 1,274.51 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 (LON:RECI) last announced its quarterly earnings data on Wednesday, June 25th. The company reported GBX 10.20 earnings per share for the quarter. Real Estate Credit Investments had a net margin of 814.69% and a return on equity of 72.23%. Sell-side analysts forecast that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current fiscal year.

Insider Buying and Selling at Real Estate Credit Investments

In related news, insider Colleen McHugh acquired 8,000 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of GBX 124 per share, for a total transaction of £9,920. Corporate insiders own 0.38% 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.