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

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 Thursday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 91 ($1.14), with a volume of 794300 shares trading hands. The stock had previously closed at GBX 92.40 ($1.15).

Cordiant Digital Infrastructure Trading Down 1.5 %

The company has a 50 day moving average of GBX 88.19 and a 200-day moving average of GBX 81.53. The stock has a market cap of £696.81 million, a price-to-earnings ratio of 910.00 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48.

Cordiant Digital Infrastructure Cuts Dividend

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

Cordiant Digital Infrastructure Company Profile

(Get Free Report)

Cordiant Digital Infrastructure Limited is an infrastructure investment fund specializes in investments in buy & build, capital expenditure and bolt-on acquisitions and digital infrastructure assets in the middle-market. It focuses on investing in companies operating in data and cloud centers, mobile telecommunications/ broadcast towers, distributed sensor networks and fibre-optic network assets businesses.

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