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

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

Real Estate Credit Investments Price Performance

LON RECI remained flat at GBX 126 ($1.60) on Thursday. The company’s stock had a trading volume of 477,604 shares, compared to its average volume of 437,017. The company has a debt-to-equity ratio of 7.29, a quick ratio of 0.10 and a current ratio of 0.88. The stock has a market capitalization of £279.58 million, a P/E ratio of 1,260.00 and a beta of 0.42. The stock’s fifty day moving average is GBX 128.10 and its two-hundred day moving average is GBX 124.81. Real Estate Credit Investments Limited has a 52-week low of GBX 113.50 ($1.44) and a 52-week high of GBX 132 ($1.67).

Real Estate Credit Investments Announces Dividend

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