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Cordiant Digital Infrastructure (LON:CORD) Sets New 52-Week Low - Time to Sell?

Cordiant Digital Infrastructure logo with Financial Services background

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 83.20 ($1.11), with a volume of 285100 shares changing hands. The stock had previously closed at GBX 84.40 ($1.12).

Cordiant Digital Infrastructure Trading Up 1.0 %

The business's 50-day simple moving average is GBX 85.68 and its two-hundred day simple moving average is GBX 87.31. The stock has a market capitalization of £647.42 million, a price-to-earnings ratio of 0.77 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a current ratio of 0.54 and a quick ratio of 141.92.

Insider Activity at Cordiant Digital Infrastructure

In related news, insider Marten Pieters purchased 12,500 shares of Cordiant Digital Infrastructure stock in a transaction that occurred on Tuesday, April 1st. The shares were purchased at an average cost of GBX 86 ($1.14) per share, with a total value of £10,750 ($14,293.31). Company insiders own 1.64% of the company's stock.

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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