Cordiant Digital Infrastructure (LON:CORD) Sets New 1-Year Low – What’s Next?

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

Cordiant Digital Infrastructure Trading Down 0.6%

The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.54. The firm has a 50-day moving average of GBX 97.60 and a 200-day moving average of GBX 95.21. The firm has a market capitalization of £748.87 million, a P/E ratio of 7.12 and a beta of 0.67.

Insider Activity at Cordiant Digital Infrastructure

In other news, insider Marten Pieters purchased 25,000 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was bought at an average cost of GBX 96 per share, for a total transaction of £24,000. 0.05% of the stock is currently owned by insiders.

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.