Real Estate Credit Investments (LON:RECI) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Real Estate Credit Investments Limited (LON:RECI) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 125.09 and traded as low as GBX 121.50. Real Estate Credit Investments shares last traded at GBX 122.50, with a volume of 420,772 shares traded.

Real Estate Credit Investments Trading Up 0.3%

The stock has a market cap of £272.35 million, a PE ratio of 14.28 and a beta of 0.42. The company has a quick ratio of 0.10, a current ratio of 7.27 and a debt-to-equity ratio of 7.29. The stock’s fifty day moving average price is GBX 122.74 and its 200 day moving average price is GBX 125.09.

Real Estate Credit Investments (LON:RECI) last announced its quarterly earnings data 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%. On average, sell-side analysts forecast that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current year.

Insiders Place Their Bets

In other Real Estate Credit Investments news, insider Sally-Ann Farnon (Susie) bought 20,500 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was acquired at an average price of GBX 121 per share, with a total value of £24,805. Also, insider Colleen McHugh bought 8,000 shares of the stock in a transaction on Thursday, December 4th. The shares were bought 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. $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.