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Digital 9 Infrastructure (LON:DGI9) Sets New 52-Week Low - Should You Sell?

Digital 9 Infrastructure logo with Financial Services background

Digital 9 Infrastructure (LON:DGI9 - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 8.13 ($0.11) and last traded at GBX 8.51 ($0.11), with a volume of 1253193 shares traded. The stock had previously closed at GBX 8.22 ($0.11).

Digital 9 Infrastructure Stock Up 1.7 %

The firm has a market cap of £71.95 million and a price-to-earnings ratio of -0.16. The business has a 50 day moving average price of GBX 9.06 and a 200-day moving average price of GBX 13.70.

About Digital 9 Infrastructure

(Get Free Report)

As announced on 29 January 2024, following the completion of a Strategic Review, the Board has determined that it would be in the best interests of shareholders as a whole to put forward a proposal for a managed wind-down of the Company. The proposal was approved by the shareholders on 25 March 2024 (99.89% of votes in favour). As announced on 11 October 2024, InfraRed has been appointed as the Company's investment manager and AIFM.

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