Real Estate Credit Investments (LON:RECI) Shares Pass Below 200 Day Moving Average – Should You Sell?

Real Estate Credit Investments Limited (LON:RECI)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 126.18 ($1.56) and traded as low as GBX 123 ($1.52). Real Estate Credit Investments shares last traded at GBX 124 ($1.53), with a volume of 131,294 shares traded.

Real Estate Credit Investments Stock Performance

The firm has a market capitalization of £271.82 million, a price-to-earnings ratio of 1,225.00 and a beta of 0.42. The firm’s 50-day moving average price is GBX 124.18 and its two-hundred day moving average price is GBX 126.18. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 0.88.

Real Estate Credit Investments (LON:RECI) last released its quarterly earnings data on Thursday, November 28th. The company reported GBX 5.80 ($0.07) earnings per share for the quarter. Real Estate Credit Investments had a return on equity of 6.59% and a net margin of 70.28%. Sell-side analysts predict that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current year.

Real Estate Credit Investments Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, December 5th were given a GBX 3 ($0.04) dividend. 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 (DPR) is 12,000.00%.

Insiders Place Their Bets

In other Real Estate Credit Investments news, insider Colleen McHugh purchased 8,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 28th. The shares were acquired at an average cost of GBX 126 ($1.56) per share, for a total transaction of £10,080 ($12,456.75). Corporate insiders own 0.50% of the company’s stock.

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.