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Real Estate Credit Investments (LON:RECI) Shares Pass Above 200-Day Moving Average - Time to Sell?

Real Estate Credit Investments logo with Financial Services background

Key Points

  • Real Estate Credit Investments Limited (LON:RECI) stock has crossed above its 200-day moving average of GBX 125.55, reaching a high of GBX 130 ($1.76) during trading.
  • The company reported a net margin of 814.69% and a return on equity of 72.23% in its latest quarterly earnings with an expected EPS of approximately 9.16 for the current fiscal year.
  • Insider Colleen McHugh purchased 8,000 shares at an average price of GBX 124, indicating confidence in the company's performance among insiders.
  • Five stocks we like better than Real Estate Credit Investments.

Real Estate Credit Investments Limited (LON:RECI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 125.55 ($1.70) and traded as high as GBX 130 ($1.76). Real Estate Credit Investments shares last traded at GBX 130 ($1.76), with a volume of 297,900 shares traded.

Real Estate Credit Investments Price Performance

The stock has a market capitalization of £283.77 million, a price-to-earnings ratio of 1,254.90 and a beta of 0.42. The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. The stock has a 50 day moving average price of GBX 127.32 and a 200-day moving average price of GBX 125.67.

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 EPS for the quarter. Real Estate Credit Investments had a return on equity of 72.23% and a net margin of 814.69%. On average, analysts forecast that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Colleen McHugh acquired 8,000 shares of Real Estate Credit Investments stock in a transaction that occurred on Tuesday, August 26th. The shares were purchased at an average price of GBX 124 per share, for a total transaction of £9,920. Insiders own 0.38% of the company's stock.

Real Estate Credit Investments Company Profile

(Get Free Report)

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.

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