Real Estate Credit Investments (LON:RECI) Sets New 1-Year High - Here's What Happened

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 131.50 ($1.79) and last traded at GBX 131 ($1.79), with a volume of 702670 shares changing hands. The stock had previously closed at GBX 131 ($1.79).

Real Estate Credit Investments Price Performance

The company has a current ratio of 7.27, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29. The firm has a market cap of £285.20 million, a P/E ratio of 1.22 and a beta of 0.42. The firm has a 50-day simple moving average of GBX 124.96 and a 200-day simple moving average of GBX 124.39.

Real Estate Credit Investments (LON:RECI - Get Free Report) last issued its quarterly earnings data on Wednesday, June 25th. The company reported GBX 10.20 ($0.14) EPS for the quarter. Real Estate Credit Investments had a return on equity of 72.23% and a net margin of 814.69%. As a group, analysts forecast that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current 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.