Real Estate Credit Investments (LON:RECI) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Real Estate Credit Investments Limited (LON:RECI) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 124.59 and traded as low as GBX 122. Real Estate Credit Investments shares last traded at GBX 122.16, with a volume of 198,659 shares trading hands.

Real Estate Credit Investments Trading Up 0.1%

The stock has a market capitalization of £270.82 million, a P/E ratio of 14.20 and a beta of 0.12. The stock’s fifty day moving average price is GBX 124.88 and its 200 day moving average price is GBX 124.59. The company has a debt-to-equity ratio of 34.14, a current ratio of 5.74 and a quick ratio of 0.10.

Insider Transactions at Real Estate Credit Investments

In related news, insider Andreas Tautscher bought 9,500 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were acquired at an average cost of GBX 127 per share, for a total transaction of £12,065. 0.40% of the stock is currently owned by company insiders.

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.