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Cordiant Digital Infrastructure (LON:CORD) Hits New 1-Year Low - Time to Sell?

Cordiant Digital Infrastructure logo with Financial Services background

Key Points

  • Cordiant Digital Infrastructure shares reached a new 52-week low during trading, with the stock hitting GBX 0.20 and last trading at GBX 96.20.
  • The company has a market cap of £736.62 million and exhibits significant financial ratios, including a price-to-earnings ratio of 700.15.
  • Insider Marten Pieters purchased 25,000 shares at an average price of GBX 96, indicating potential confidence in the company's future.
  • Five stocks we like better than Cordiant Digital Infrastructure.

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 96.20 ($1.31), with a volume of 1833471 shares traded. The stock had previously closed at GBX 93.80 ($1.28).

Cordiant Digital Infrastructure Price Performance

The company's fifty day moving average is GBX 96.44 and its 200 day moving average is GBX 91.06. The firm has a market cap of £736.62 million, a price-to-earnings ratio of 700.15 and a beta of 0.67. The company has a quick ratio of 141.92, a current ratio of 0.54 and a debt-to-equity ratio of 17.12.

Insider Buying and Selling

In other Cordiant Digital Infrastructure news, insider Marten Pieters bought 25,000 shares of Cordiant Digital Infrastructure stock in a transaction that occurred on Monday, September 8th. The stock was acquired at an average price of GBX 96 per share, for a total transaction of £24,000. Insiders own 0.05% of the company's stock.

About Cordiant Digital Infrastructure

(Get Free Report)

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.

Further Reading

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