Real Estate Credit Investments Ltd (LON:RECI) insider John Edward Hallam purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were acquired at an average cost of GBX 111 ($1.46) per share, for a total transaction of £11,100 ($14,601.42).
John Edward Hallam also recently made the following trade(s):
- On Tuesday, March 10th, John Edward Hallam acquired 10,000 shares of Real Estate Credit Investments stock. The stock was acquired at an average cost of GBX 164 ($2.16) per share, with a total value of £16,400 ($21,573.27).
Real Estate Credit Investments stock opened at GBX 116.75 ($1.54) on Friday. The company’s 50-day moving average price is GBX 155.83 and its 200-day moving average price is GBX 164.23. Real Estate Credit Investments Ltd has a twelve month low of GBX 1.67 ($0.02) and a twelve month high of GBX 176 ($2.32). The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of 18.50. The company has a market cap of $267.75 million and a PE ratio of 8.84.
The firm also recently announced a dividend, which will be paid on Friday, March 27th. Stockholders of record on Thursday, March 5th will be given a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 1.75%. The ex-dividend date is Thursday, March 5th. Real Estate Credit Investments’s dividend payout ratio is 0.91%.
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.
See Also: SEC Filing
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