Real Estate Credit Investments Limited (LON:RECI – Get Free Report) hit a new 52-week low during trading on Thursday. The stock traded as low as GBX 112 and last traded at GBX 112, with a volume of 322473 shares. The stock had previously closed at GBX 113.
Real Estate Credit Investments Trading Down 0.9%
The business has a 50 day moving average of GBX 116.47 and a two-hundred day moving average of GBX 116.78. The company has a current ratio of 26.75, a quick ratio of 0.10 and a debt-to-equity ratio of 38.72. The firm has a market cap of £247.57 million, a P/E ratio of 16.23 and a beta of 0.20.
About Real Estate Credit Investments
RECI is externally managed by Cheyne Capital’s real estate business which was formed in 2008 and currently manages c. $5bn via private funds and managed accounts. RECI’s overarching aim is to deliver a stable quarterly dividend with minimal volatility, through economic and credit cycles via a levered exposure to real estate credit investments.
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