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

Real Estate Credit Investments Limited (LON:RECI)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 125.79 and traded as low as GBX 121. Real Estate Credit Investments shares last traded at GBX 121.50, with a volume of 483,777 shares.

Real Estate Credit Investments Trading Up 0.5%

The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. The firm’s 50 day moving average is GBX 123.22 and its 200 day moving average is GBX 125.79. The company has a market capitalization of £270.76 million, a PE ratio of 14.20 and a beta of 0.42.

Real Estate Credit Investments (LON:RECI) last announced its quarterly earnings results on Thursday, November 27th. The company reported GBX 4.20 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%. As a group, equities analysts predict that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current year.

Insider Activity

In other Real Estate Credit Investments news, insider Sally-Ann Farnon (Susie) acquired 20,500 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was acquired at an average price of GBX 121 per share, for a total transaction of £24,805. Also, insider Colleen McHugh acquired 8,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was acquired at an average price of GBX 124 per share, for a total transaction of £9,920. 0.38% of the stock is owned by company insiders.

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.