Bob Cowdell Acquires 20,000 Shares of Real Estate Credit Investments Limited (LON:RECI) Stock

Posted by Lauren Steadman on Apr 18th, 2024

Real Estate Credit Investments Limited (LON:RECI – Get Free Report) insider Bob Cowdell purchased 20,000 shares of Real Estate Credit Investments stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average price of GBX 115 ($1.43) per share, with a total value of £23,000 ($28,631.89).

Bob Cowdell also recently made the following trade(s):

On Friday, February 16th, Bob Cowdell purchased 10,000 shares of Real Estate Credit Investments stock. The shares were purchased at an average price of GBX 121 ($1.51) per share, with a total value of £12,100 ($15,062.87).

Real Estate Credit Investments Stock Down 0.4 %

RECI opened at GBX 115 ($1.43) on Thursday. The company has a fifty day moving average price of GBX 118.42 and a 200-day moving average price of GBX 124.37. The firm has a market capitalization of £259.03 million, a P/E ratio of 1,045.45 and a beta of 0.43. The company has a debt-to-equity ratio of 17.51, a current ratio of 0.18 and a quick ratio of 0.10. Real Estate Credit Investments Limited has a one year low of GBX 109.50 ($1.36) and a one year high of GBX 134 ($1.67).

Real Estate Credit Investments Announces Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Thursday, March 14th were given a dividend of GBX 3 ($0.04) per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 2.5%. Real Estate Credit Investments’s dividend payout ratio (DPR) is currently 10,909.09%.

Real Estate Credit Investments Company Profile

(Get Free Report)

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.