Real Estate Credit Investments (LON:RECI) Shares Cross Below 200 Day Moving Average – Time to Sell?

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 traded.

Real Estate Credit Investments Stock Down 0.4 %

The company 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 debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 0.88. The firm has a fifty day simple moving average of GBX 125.78 and a 200 day simple moving average of GBX 125.87.

Real Estate Credit Investments Announces Dividend

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

Insider Buying and Selling at Real Estate Credit Investments

In other Real Estate Credit Investments news, insider Colleen McHugh bought 8,000 shares of the business’s stock in a transaction dated Thursday, November 28th. The shares were acquired at an average price of GBX 126 ($1.55) per share, with a total value of £10,080 ($12,403.10). 0.50% of the stock is owned by company insiders.

About Real Estate Credit Investments

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.