Digital 9 Infrastructure (LON:DGI9) Trading Up 5.5% – Time to Buy?

Digital 9 Infrastructure (LON:DGI9 – Get Free Report)’s stock price rose 5.5% during mid-day trading on Thursday . The stock traded as high as GBX 4.80 and last traded at GBX 4.80. Approximately 239,150 shares traded hands during trading, a decline of 89% from the average session volume of 2,126,056 shares. The stock had previously closed at GBX 4.55.

Digital 9 Infrastructure Price Performance

The stock has a fifty day moving average price of GBX 4.58 and a 200 day moving average price of GBX 5.08. The stock has a market capitalization of £26.01 million and a P/E ratio of -0.19.

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Digital 9 Infrastructure Company Profile

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As announced on 29 January 2024, following the completion of a Strategic Review, the Board has determined that it would be in the best interests of shareholders as a whole to put forward a proposal for a managed wind-down of the Company.
The proposal was approved by the shareholders on 25 March 2024 (99.89% of votes in favour).

As announced on 11 October 2024, InfraRed has been appointed as the Company’s investment manager and AIFM.

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