Digital 9 Infrastructure (LON:DGI9) Trading Up 2.8% – Should You Buy?

Digital 9 Infrastructure (LON:DGI9) was up 2.8% during mid-day trading on Thursday . The company traded as high as GBX 4.80 and last traded at GBX 4.63. Approximately 16,890 shares changed hands during trading, a decline of 99% from the average session volume of 2,012,008 shares. The stock had previously closed at GBX 4.50.

Digital 9 Infrastructure Stock Up 2.8%

The firm has a 50 day simple moving average of GBX 4.60 and a 200-day simple moving average of GBX 4.96. The company has a market cap of £25.06 million and a PE ratio of -0.18.

Digital 9 Infrastructure Company Profile

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.