Real Estate Credit Investments (LON:RECI) Announces Quarterly Earnings Results

Real Estate Credit Investments (LON:RECIGet Free Report) issued its quarterly earnings data on Thursday. The company reported GBX 4.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Real Estate Credit Investments had a net margin of 814.69% and a return on equity of 72.23%.

Real Estate Credit Investments Price Performance

Shares of RECI stock opened at GBX 123.13 on Thursday. The company has a quick ratio of 0.10, a current ratio of 7.27 and a debt-to-equity ratio of 7.29. Real Estate Credit Investments has a 12-month low of GBX 118 and a 12-month high of GBX 132. The firm has a fifty day moving average of GBX 124.46 and a 200-day moving average of GBX 125.86. The firm has a market capitalization of £272.97 million, a price-to-earnings ratio of 12.07 and a beta of 0.42.

About Real Estate Credit Investments

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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.

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