Real Estate Credit Investments (LON:RECI) Stock Price Passes Above 200 Day Moving Average - What's Next?

Key Points

• Real Estate Credit Investments Limited's share price has risen above its 200-day moving average of GBX 124.95 ($1.68), closing at GBX 127.50 ($1.71) during recent trading.
• The company reported a net margin of 814.69% and a return on equity of 72.23% in its latest earnings report, with an earnings per share (EPS) of GBX 10.20 ($0.14).
• Real Estate Credit Investments focuses on investing in real estate debt secured by commercial properties, primarily in the UK, France, and Spain.

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 124.95 ($1.69) and traded as high as GBX 127.50 ($1.72). Real Estate Credit Investments shares last traded at GBX 127.50 ($1.72), with a volume of 197,610 shares traded.

Real Estate Credit Investments Price Performance

The stock has a market capitalization of £284.09 million, a price-to-earnings ratio of 1.22 and a beta of 0.42. The company has a quick ratio of 0.10, a current ratio of 7.27 and a debt-to-equity ratio of 7.29. The stock has a fifty day moving average of GBX 127.64 and a 200-day moving average of GBX 125.02.

Real Estate Credit Investments (LON:RECI - Get Free Report) last announced 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 net margin of 814.69% and a return on equity of 72.23%. On average, equities research analysts predict that Real Estate Credit Investments Limited will post 9.1564528 EPS for the current fiscal 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.