Insider Buying: Real Estate Credit Investments Limited (LON:RECI) Insider Purchases £12,400 in Stock

Real Estate Credit Investments Limited (LON:RECI) insider Mark Thompson acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, March 20th. The stock was bought at an average price of GBX 124 ($1.60) per share, with a total value of £12,400 ($16,010.33).

Real Estate Credit Investments Price Performance

Shares of LON RECI opened at GBX 124.50 ($1.61) on Friday. The stock has a market capitalization of £277.40 million, a price-to-earnings ratio of 1.19 and a beta of 0.42. The business has a 50-day moving average of GBX 124.10 and a 200-day moving average of GBX 126. The company has a debt-to-equity ratio of 7.29, a current ratio of 7.27 and a quick ratio of 0.10. Real Estate Credit Investments Limited has a fifty-two week low of GBX 113.50 ($1.47) and a fifty-two week high of GBX 131 ($1.69).

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.