Real Estate Credit Investments (LON:RECI) Insider Colleen McHugh Purchases 6,000 Shares of Stock

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh purchased 6,000 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was bought at an average cost of GBX 122 per share, with a total value of £7,320.

Real Estate Credit Investments Price Performance

Shares of LON RECI opened at GBX 122.50 on Friday. 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 stock has a market capitalization of £271.58 million, a price-to-earnings ratio of 14.24 and a beta of 0.12. The firm’s 50 day simple moving average is GBX 124.80 and its 200-day simple moving average is GBX 124.55. 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 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.