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

Real Estate Credit Investments (LON:RECI) posted its earnings results 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 Stock Up 0.9%

Real Estate Credit Investments stock opened at GBX 123.13 on Thursday. The company has a current ratio of 7.27, a quick ratio of 0.10 and a debt-to-equity ratio of 7.29. Real Estate Credit Investments has a 1-year low of GBX 118 and a 1-year high of GBX 132. The firm’s fifty day simple moving average is GBX 124.46 and its 200-day simple moving average is GBX 125.86. The company has a market capitalization of £272.97 million, a P/E ratio of 12.07 and a beta of 0.42.

Real Estate Credit Investments Company Profile

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.