Cordiant Digital Infrastructure (LON:CORD) Sets New 12-Month Low – Here’s Why

Cordiant Digital Infrastructure (LON:CORDGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 96.80 ($1.30), with a volume of 842342 shares. The stock had previously closed at GBX 98 ($1.32).

Cordiant Digital Infrastructure Price Performance

The company has a market cap of £741.21 million, a PE ratio of 704.51 and a beta of 0.67. The stock has a 50-day simple moving average of GBX 97.26 and a 200 day simple moving average of GBX 92.83. The company has a quick ratio of 141.92, a current ratio of 0.54 and a debt-to-equity ratio of 17.12.

Insider Activity at Cordiant Digital Infrastructure

In other news, insider Marten Pieters acquired 25,000 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was acquired at an average cost of GBX 96 per share, with a total value of £24,000. 0.05% of the stock is currently owned by corporate insiders.

Cordiant Digital Infrastructure Company Profile

(Get Free Report)

Cordiant Digital Infrastructure Limited primarily invests in the core infrastructure of the digital economy – data centres, fibre-optic networks and telecommunication and broadcast towers – in Europe and North America. Further details about the Company can be found on its website at www.cordiantdigitaltrust.com.

The Company is a sector-focused specialist owner and operator of Digital Infrastructure, listed on the London Stock Exchange under the ticker CORD.

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