Digital 9 Infrastructure (LON:DGI9) Stock Price Down 1.7% – What’s Next?

Digital 9 Infrastructure (LON:DGI9Get Free Report)’s stock price was down 1.7% on Thursday . The company traded as low as GBX 8.30 and last traded at GBX 8.30. Approximately 11,003,889 shares changed hands during mid-day trading, an increase of 336% from the average daily volume of 2,523,853 shares. The stock had previously closed at GBX 8.44.

Digital 9 Infrastructure Stock Performance

The stock has a 50-day simple moving average of GBX 8.75 and a two-hundred day simple moving average of GBX 8.94. The firm has a market cap of £71.81 million and a PE ratio of -0.31.

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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