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

Key Points

• Real Estate Credit Investments crossed below its 200-day moving average, trading as low as GBX 122 versus the 200‑day MA of GBX 124.59 and last at GBX 122.16 on a volume of 198,659 shares.
• Insider Andreas Tautscher acquired 9,500 shares at GBX 127 on March 10, and insiders now own about 0.40% of the stock, indicating insider buying despite recent weakness.
• RECI is a closed-ended fund investing in Western European commercial real estate debt and is externally managed by Cheyne Capital; it has a market cap of £270.82m, a P/E of 14.20 and a debt-to-equity ratio of 34.14, and aims to deliver a stable quarterly dividend.

Real Estate Credit Investments Limited (LON:RECI - ) 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 traded.

Real Estate Credit Investments Stock Up 0.1%

The firm has a market cap of £270.82 million, a PE ratio of 14.20 and a beta of 0.12. The company has a 50-day simple moving average of GBX 124.88 and a 200-day simple moving average of 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 other Real Estate Credit Investments news, insider Andreas Tautscher acquired 9,500 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average price of GBX 127 per share, for a total transaction of £12,065. 0.40% of the stock is currently owned by 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.

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