Digital 9 Infrastructure (LON:DGI9 – Get Free Report) shares passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of GBX 4.43 and traded as high as GBX 4.60. Digital 9 Infrastructure shares last traded at GBX 4.60, with a volume of 257,093 shares changing hands.
Digital 9 Infrastructure Price Performance
The company has a market capitalization of £22.88 million and a PE ratio of -0.18. The business’s 50 day simple moving average is GBX 4.43 and its 200 day simple moving average is GBX 4.88.
Digital 9 Infrastructure Company Profile
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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