Cordiant Digital Infrastructure (LON:CORD) Sets New 1-Year Low - Time to Sell?

Shares of Cordiant Digital Infrastructure (LON:CORD - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 80 ($1.05), with a volume of 2038488 shares changing hands. The stock had previously closed at GBX 84 ($1.10).

Cordiant Digital Infrastructure Price Performance

The company has a debt-to-equity ratio of 17.12, a current ratio of 0.54 and a quick ratio of 141.92. The stock has a fifty day simple moving average of GBX 85.60 and a 200-day simple moving average of GBX 87.33. The company has a market capitalization of £644.34 million, a price-to-earnings ratio of 0.77 and a beta of 0.67.

Insider Activity at Cordiant Digital Infrastructure

In other Cordiant Digital Infrastructure news, insider Marten Pieters purchased 12,500 shares of the stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of GBX 86 ($1.13) per share, for a total transaction of £10,750 ($14,070.68). Company insiders own 1.64% of the company's stock.

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.