Colleen McHugh Buys 8,000 Shares of Real Estate Credit Investments Limited (LON:RECI) Stock

Real Estate Credit Investments Limited (LON:RECI) insider Colleen McHugh purchased 8,000 shares of the company’s stock in a transaction dated Thursday, November 28th. The stock was purchased at an average price of GBX 126 ($1.60) per share, with a total value of £10,080 ($12,778.90).

Real Estate Credit Investments Stock Performance

Shares of Real Estate Credit Investments stock remained flat at GBX 126 ($1.60) on Thursday. The stock had a trading volume of 477,604 shares, compared to its average volume of 437,017. The company has a fifty day moving average of GBX 128.10 and a 200 day moving average of GBX 124.81. The company has a quick ratio of 0.10, a current ratio of 0.88 and a debt-to-equity ratio of 7.29. Real Estate Credit Investments Limited has a one year low of GBX 113.50 ($1.44) and a one year high of GBX 132 ($1.67). The stock has a market capitalization of £279.58 million, a price-to-earnings ratio of 1,260.00 and a beta of 0.42.

Real Estate Credit Investments Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, December 5th will be issued a dividend of GBX 3 ($0.04) per share. The ex-dividend date is Thursday, December 5th. This represents a dividend yield of 2.38%. Real Estate Credit Investments’s dividend payout ratio (DPR) is presently 12,000.00%.

About Real Estate Credit Investments

Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. The fund invests in the fixed income markets across the globe. It primarily makes its investments in asset backed securities. The fund considers coupon or cash flows on the tranche relative to the underlying credit to make its investments.