Cordiant Digital Infrastructure (LON:CORD) Reaches New 52-Week Low – Should You Sell?

Cordiant Digital Infrastructure (LON:CORD)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 0.20 and last traded at GBX 100, with a volume of 677046 shares. The stock had previously closed at GBX 99.20.

Cordiant Digital Infrastructure Trading Up 0.8%

The company has a market cap of £765.72 million, a price-to-earnings ratio of 7.28 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 0.54. The firm has a fifty day moving average price of GBX 97.09 and a 200 day moving average price of GBX 94.59.

Insider Transactions at Cordiant Digital Infrastructure

In other news, insider Marten Pieters purchased 25,000 shares of the business’s stock in a transaction on Monday, September 8th. The stock was purchased at an average price of GBX 96 per share, for a total transaction of £24,000. Company insiders own 0.05% 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.