Real Estate Credit Investments (LON:RECI) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 124.02 ($1.68) and traded as high as GBX 127 ($1.72). Real Estate Credit Investments shares last traded at GBX 126 ($1.71), with a volume of 401,310 shares changing hands.

Real Estate Credit Investments Price Performance

The company has a market cap of £280.75 million, a P/E ratio of 1.21 and a beta of 0.42. The stock has a 50-day simple moving average of GBX 123.81 and a 200 day simple moving average of GBX 124.02. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 7.27.

Insider Activity

In other news, insider Mark Thompson bought 10,000 shares of the stock in a transaction dated Thursday, March 20th. The shares were acquired at an average price of GBX 124 ($1.68) per share, with a total value of £12,400 ($16,836.39). 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.