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

Real Estate Credit Investments Limited (LON:RECI) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 126.28 ($1.60) and traded as low as GBX 123.50 ($1.57). Real Estate Credit Investments shares last traded at GBX 124 ($1.57), with a volume of 342,861 shares trading hands.

Real Estate Credit Investments Trading Up 0.5 %

The company has a current ratio of 7.27, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29. The stock has a market capitalization of £277.68 million, a PE ratio of 1.19 and a beta of 0.42. The stock has a 50 day moving average price of GBX 123.88 and a 200-day moving average price of GBX 126.28.

Real Estate Credit Investments (LON:RECI) last issued its quarterly earnings data on Thursday, November 28th. The company reported GBX 5.80 ($0.07) earnings per share (EPS) for the quarter. Real Estate Credit Investments had a net margin of 814.69% and a return on equity of 72.23%. Sell-side analysts expect that Real Estate Credit Investments Limited will post 9.1564528 earnings per share for the current 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.