Insider Buying: Real Estate Credit Investments (LON:RECI) Insider Purchases 8,000 Shares of Stock

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh bought 8,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was purchased at an average cost of GBX 124 per share, for a total transaction of £9,920.

Real Estate Credit Investments Trading Down 2.2%

RECI stock traded down GBX 2.73 during trading on Thursday, reaching GBX 122.27. 503,317 shares of the stock traded hands, compared to its average volume of 346,009. The firm has a market capitalization of £271.07 million, a PE ratio of 11.99 and a beta of 0.42. The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. The business’s 50 day moving average price is GBX 123.97 and its 200-day moving average price is GBX 125.88. Real Estate Credit Investments Limited has a 52-week low of GBX 118 and a 52-week high of GBX 132.

Real Estate Credit Investments (LON:RECI) last released 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 return on equity of 72.23% and a net margin of 814.69%. As a group, sell-side analysts forecast that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current year.

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.