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

Cordiant Digital Infrastructure (LON:CORD) reached a new 52-week low on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 104.50, with a volume of 1051336 shares trading hands. The stock had previously closed at GBX 102.50.

Cordiant Digital Infrastructure Stock Up 2.0%

The business has a 50-day simple moving average of GBX 99.40 and a two-hundred day simple moving average of GBX 97.29. The company has a market cap of £800.17 million, a price-to-earnings ratio of 5.22 and a beta of 0.67. The company has a quick ratio of 141.92, a current ratio of 0.54 and a debt-to-equity ratio of 17.12.

About Cordiant Digital Infrastructure

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.