Real Estate Credit Investments (LON:RECI) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Real Estate Credit Investments Limited (LON:RECI) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 125.84 ($1.55) and traded as low as GBX 124.11 ($1.53). Real Estate Credit Investments shares last traded at GBX 125.50 ($1.54), with a volume of 738,180 shares.

Real Estate Credit Investments Price Performance

The stock has a market cap of £275.14 million, a PE ratio of 1,240.00 and a beta of 0.42. The company has a 50-day simple moving average of GBX 125.78 and a 200-day simple moving average of GBX 125.87. The company has a debt-to-equity ratio of 7.29, a current ratio of 0.88 and a quick ratio of 0.10.

Real Estate Credit Investments Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, December 5th were paid a GBX 3 ($0.04) dividend. This represents a dividend yield of 2.38%. The ex-dividend date was Thursday, December 5th. Real Estate Credit Investments’s dividend payout ratio (DPR) is 12,000.00%.

Insiders Place Their Bets

In other Real Estate Credit Investments news, insider Colleen McHugh bought 8,000 shares of the business’s stock in a transaction on Thursday, November 28th. The stock was bought at an average price of GBX 126 ($1.55) per share, for a total transaction of £10,080 ($12,403.10). 0.50% of the stock is currently 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.