Liberum Capital restated their buy rating on shares of Real Estate Credit Investments (LON:RECI) in a report published on Tuesday, ThisIsMoney.Co.Uk reports.

LON RECI opened at GBX 169.25 ($2.21) on Tuesday. The firm has a market cap of $259.50 million and a PE ratio of 13.33. Real Estate Credit Investments has a twelve month low of GBX 1.67 ($0.02) and a twelve month high of GBX 176 ($2.30). The company has a quick ratio of 0.98, a current ratio of 1.04 and a debt-to-equity ratio of 13.34. The business has a 50-day simple moving average of GBX 170.66.

The firm also recently declared a dividend, which will be paid on Friday, July 26th. Investors of record on Thursday, July 4th will be issued a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.76%. Real Estate Credit Investments’s payout ratio is 0.94%.

In other Real Estate Credit Investments news, insider Bob Cowdell purchased 29,000 shares of Real Estate Credit Investments stock in a transaction that occurred on Monday, July 8th. The stock was bought at an average price of GBX 170 ($2.22) per share, with a total value of £49,300 ($64,419.18).

Real Estate Credit Investments Company Profile

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.

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