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

Real Estate Credit Investments Limited (LON:RECI) insider Mark Thompson purchased 10,000 shares of the firm’s stock in a transaction on Thursday, March 20th. The stock was bought 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 Trading Up 0.4 %

Shares of RECI traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, hitting GBX 125 ($1.63). 218,147 shares of the company’s stock traded hands, compared to its average volume of 296,436. The company has a quick ratio of 0.10, a current ratio of 7.27 and a debt-to-equity ratio of 7.29. 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 firm has a market capitalization of £278.52 million, a P/E ratio of 1.20 and a beta of 0.42. The business’s 50-day moving average price is GBX 124.07 and its 200-day moving average price is GBX 126.05.

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.