Real Estate Credit Investments Limited (LON:RECI) Insider Purchases £23,000 in Stock

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) insider Bob Cowdell acquired 20,000 shares of Real Estate Credit Investments stock in a transaction on Tuesday, April 16th. The shares were purchased at an average cost of GBX 115 ($1.43) per share, with a total value of £23,000 ($28,631.89).

Bob Cowdell also recently made the following trade(s):

• On Friday, February 16th, Bob Cowdell acquired 10,000 shares of Real Estate Credit Investments stock. The shares were purchased at an average cost of GBX 121 ($1.51) per share, with a total value of £12,100 ($15,062.87).

Real Estate Credit Investments Stock Up 0.4 %

Shares of LON RECI traded up GBX 0.50 ($0.01) during mid-day trading on Tuesday, reaching GBX 115.50 ($1.44). The company had a trading volume of 264,769 shares, compared to its average volume of 484,250. The stock has a fifty day moving average of GBX 118.55 and a two-hundred day moving average of GBX 124.43. The company has a debt-to-equity ratio of 17.51, a quick ratio of 0.10 and a current ratio of 0.18. The company has a market capitalization of £260.15 million, a price-to-earnings ratio of 1,050.00 and a beta of 0.43. Real Estate Credit Investments Limited has a 12-month low of GBX 109.50 ($1.36) and a 12-month high of GBX 134.50 ($1.67).

Real Estate Credit Investments Announces Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Thursday, March 14th were given a GBX 3 ($0.04) dividend. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, March 14th. Real Estate Credit Investments's dividend payout ratio (DPR) is 10,909.09%.

Real Estate Credit Investments Company Profile

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.