Real Estate Credit Investments (LON:RECI) Stock Keeps Hold Rating at Jefferies Financial Group

Real Estate Credit Investments (LON:RECI)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Digital Look reports.

Real Estate Credit Investments Stock Up 0.6%

RECI opened at GBX 113.22 on Thursday. Real Estate Credit Investments has a one year low of GBX 111.50 and a one year high of GBX 128. The company has a debt-to-equity ratio of 38.72, a quick ratio of 0.10 and a current ratio of 26.75. The company has a market capitalization of £250.26 million, a PE ratio of 16.41 and a beta of 0.20. The stock’s fifty day moving average is GBX 115.20 and its 200-day moving average is GBX 118.46.

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. $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.