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

Key Points

• Cordiant Digital Infrastructure reached a new 52-week low during mid-day trading, falling to GBX 0.20 ($0.00) before last trading at GBX 96.80 ($1.30).
• The company has a high debt-to-equity ratio of 17.12, with a market capitalization of £741.21 million and a price-to-earnings ratio of 704.51.
• Insider Marten Pieters acquired 25,000 shares at an average cost of GBX 96 per share, indicating potential confidence in the company amidst its stock decline.

Cordiant Digital Infrastructure (LON:CORD - ) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 96.80 ($1.30), with a volume of 772963 shares traded. The stock had previously closed at GBX 97.40 ($1.31).

Cordiant Digital Infrastructure Stock Performance

The company has a debt-to-equity ratio of 17.12, a current ratio of 0.54 and a quick ratio of 141.92. The firm has a market capitalization of £741.21 million, a price-to-earnings ratio of 704.51 and a beta of 0.67. The firm's fifty day moving average is GBX 97.21 and its 200 day moving average is GBX 92.23.

Insider Activity

In other news, insider Marten Pieters acquired 25,000 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was acquired at an average cost of GBX 96 per share, for a total transaction of £24,000. Corporate 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.

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