Real Estate Credit Investments Ltd (RECI) Insider Acquires £26,938.60 in Stock

Real Estate Credit Investments Ltd (LON:RECI) insider Bob Cowdell bought 15,940 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were purchased at an average cost of GBX 169 ($2.27) per share, with a total value of £26,938.60 ($36,256.53).

Real Estate Credit Investments Ltd (RECI) opened at GBX 1.68 ($0.02) on Friday. The firm has a market cap of $213.54 and a price-to-earnings ratio of 12.92. Real Estate Credit Investments Ltd has a 52-week low of GBX 156.25 ($2.10) and a 52-week high of GBX 176 ($2.37).

The company also recently announced a dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 14th will be given a dividend of GBX 3 ($0.04) per share. This represents a yield of 1.72%. The ex-dividend date of this dividend is Thursday, December 14th.

Separately, Liberum Capital reissued a “buy” rating and set a GBX 181 ($2.44) target price on shares of Real Estate Credit Investments in a research report on Friday, December 1st.

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Real Estate Credit Investments Company Profile

Real Estate Credit Investments Ltd, formerly Real Estate Credit Investments PCC Limited, is an investment company engaged in investing in real estate debt investments. The Investment Policy of the Company is the investment policy for the core segment (Core). In order to achieve its investment objective for the Core, the Company invests and will continue to invest primarily in debt secured by commercial or residential properties in Western Europe and the United Kingdom.

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