Cordiant Digital Infrastructure (LON:CORD) Hits New 1-Year Low – Here’s Why

Cordiant Digital Infrastructure (LON:CORD) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.20 and last traded at GBX 97.80, with a volume of 803952 shares. The stock had previously closed at GBX 98.40.

Cordiant Digital Infrastructure Stock Performance

The company has a market cap of £735.09 million, a P/E ratio of 6.99 and a beta of 0.67. The business has a 50 day moving average price of GBX 97.65 and a two-hundred day moving average price of GBX 95.23. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.54.

Insider Buying and Selling at Cordiant Digital Infrastructure

In related news, insider Marten Pieters acquired 25,000 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was purchased at an average price of GBX 96 per share, with a total value of £24,000. Company insiders own 0.05% of the company’s stock.

Cordiant Digital Infrastructure Company Profile

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.