Real Estate Credit Investments Limited (LON:RECI) Insider Acquires £12,400 in Stock

Real Estate Credit Investments Limited (LON:RECI) insider Mark Thompson purchased 10,000 shares of the company’s stock in a transaction on Thursday, March 20th. The stock was acquired at an average cost of GBX 124 ($1.61) per share, for a total transaction of £12,400 ($16,131.13).

Real Estate Credit Investments Stock Up 0.4 %

Shares of LON:RECI traded up GBX 0.50 ($0.01) during trading on Thursday, reaching GBX 125 ($1.63). 218,147 shares of the stock were exchanged, compared to its average volume of 296,436. The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. Real Estate Credit Investments Limited has a 1-year low of GBX 113.50 ($1.48) and a 1-year high of GBX 131 ($1.70). The stock has a fifty day moving average of GBX 124.07 and a two-hundred day moving average of GBX 126.05. The firm has a market cap of £278.52 million, a price-to-earnings ratio of 1.20 and a beta of 0.42.

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.