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

Real Estate Credit Investments Limited (LON:RECI) insider Bob Cowdell acquired 20,000 shares of the stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average cost of GBX 115 ($1.43) per share, for a total transaction of £23,000 ($28,631.89).

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

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

Real Estate Credit Investments Stock Performance

RECI stock opened at GBX 115 ($1.43) on Thursday. The company has a quick ratio of 0.10, a current ratio of 0.18 and a debt-to-equity ratio of 17.51. The company has a market capitalization of £259.03 million, a price-to-earnings ratio of 1,045.45 and a beta of 0.43. Real Estate Credit Investments Limited has a 12 month low of GBX 109.50 ($1.36) and a 12 month high of GBX 134 ($1.67). The firm has a 50 day moving average of GBX 118.42 and a two-hundred day moving average of GBX 124.37.

Real Estate Credit Investments Announces Dividend

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

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.