Insider Buying: Real Estate Credit Investments (LON:RECI) Insider Purchases 6,000 Shares of Stock

Key Points

  • Colleen McHugh purchased 6,000 shares of Real Estate Credit Investments (LON:RECI) on March 20 at an average price of GBX 122 per share, a transaction valued at about £7,320.
  • RECI is a closed‑ended vehicle that originates and invests in real estate debt secured by commercial property across Western Europe (primarily the UK, France and Spain) and is externally managed by Cheyne Capital with an objective of delivering a stable quarterly dividend via leveraged real‑estate credit exposure.
  • The stock has a market cap of about £271.6 million, a PE ratio of 14.24, 50‑ and 200‑day SMAs around GBX 124–125, and a one‑year trading range of GBX 118–132.

Real Estate Credit Investments Limited (LON:RECI - Get Free Report) insider Colleen McHugh bought 6,000 shares of Real Estate Credit Investments stock in a transaction on Friday, March 20th. The shares were purchased at an average cost of GBX 122 per share, with a total value of £7,320.

Real Estate Credit Investments Stock Performance

LON RECI opened at GBX 122.50 on Friday. The company has a debt-to-equity ratio of 34.14, a current ratio of 5.74 and a quick ratio of 0.10. The stock's 50 day simple moving average is GBX 124.80 and its 200-day simple moving average is GBX 124.55. The company has a market cap of £271.58 million, a PE ratio of 14.24 and a beta of 0.12. Real Estate Credit Investments Limited has a 1-year low of GBX 118 and a 1-year high of GBX 132.

About Real Estate Credit Investments

(Get Free Report)

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. $5bn via private funds and managed accounts. RECI's overarching aim is to deliver a stable quarterly dividend with minimal volatility, through economic and credit cycles via a levered exposure to real estate credit investments.

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