Insider Buying: Real Estate Credit Investments (LON:RECI) Insider Purchases £8,120 in Stock

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh purchased 7,000 shares of the stock in a transaction dated Monday, June 29th. The stock was purchased at an average cost of GBX 116 per share, for a total transaction of £8,120.

Real Estate Credit Investments Trading Up 1.7%

Shares of LON RECI traded up GBX 2 during trading on Monday, reaching GBX 117.50. The stock had a trading volume of 435,347 shares, compared to its average volume of 390,849. The company has a debt-to-equity ratio of 22.25, a quick ratio of 0.10 and a current ratio of 0.30. Real Estate Credit Investments Limited has a fifty-two week low of GBX 112 and a fifty-two week high of GBX 132. The company has a market cap of £259.73 million, a P/E ratio of 13.66 and a beta of 0.20. The business’s 50-day moving average price is GBX 117.17 and its 200-day moving average price is GBX 120.80.

Real Estate Credit Investments (LON:RECI) last posted its quarterly earnings results on Thursday, June 25th. The company reported GBX 6.90 earnings per share (EPS) for the quarter. The firm had revenue of GBX 3,329 million during the quarter. Real Estate Credit Investments had a net margin of 75.80% and a return on equity of 7.08%. On average, equities research analysts predict that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current fiscal 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. $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.