Real Estate Credit Investments (LON:RECI) Insider Acquires £12,065 in Stock

Real Estate Credit Investments Limited (LON:RECI) insider Andreas Tautscher purchased 9,500 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of GBX 127 per share, for a total transaction of £12,065.

Real Estate Credit Investments Stock Up 0.2%

LON:RECI opened at GBX 127.28 on Wednesday. Real Estate Credit Investments Limited has a 1-year low of GBX 118 and a 1-year high of GBX 132. The company has a debt-to-equity ratio of 34.14, a current ratio of 5.74 and a quick ratio of 0.10. The firm has a market cap of £282.17 million, a PE ratio of 14.80 and a beta of 0.17. The company has a 50-day moving average of GBX 124.93 and a 200 day moving average of GBX 124.64.

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. $5bn via private funds and managed accounts. RECI’s overarching aim is to deliver a stable quarterly dividend with minimal volatility, through economic and credit cycles via a levered exposure to real estate credit investments.