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Cordiant Digital Infrastructure (LON:CORD) Hits New 1-Year Low - Here's What Happened

Cordiant Digital Infrastructure logo with Financial Services background

Shares of Cordiant Digital Infrastructure (LON:CORD - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 84 ($1.05), with a volume of 2536271 shares changing hands. The stock had previously closed at GBX 84.60 ($1.05).

Cordiant Digital Infrastructure Price Performance

The stock has a market capitalization of £643.20 million, a P/E ratio of 840.00 and a beta of 0.67. The company has a 50 day moving average of GBX 89.78 and a 200-day moving average of GBX 84.46. The company has a quick ratio of 141.92, a current ratio of 0.48 and a debt-to-equity ratio of 17.12.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 5th were given a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 2.47%. Cordiant Digital Infrastructure's payout ratio is currently 4,000.00%.

About Cordiant Digital Infrastructure

(Get Free Report)

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.

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