Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month Low - Time to Sell?

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) shares hit 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 91.20 ($1.12), with a volume of 780220 shares trading hands. The stock had previously closed at GBX 90 ($1.10).

Cordiant Digital Infrastructure Trading Up 1.3 %

The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48. The company has a market capitalization of £698.34 million, a PE ratio of 912.00 and a beta of 0.67. The stock has a fifty day moving average of GBX 89 and a 200 day moving average of GBX 83.64.

Cordiant Digital Infrastructure Cuts Dividend

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

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.