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Cordiant Digital Infrastructure (LON:CORD) Hits New 52-Week High - What's Next?

Cordiant Digital Infrastructure logo with Financial Services background

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) reached a new 52-week high on Monday . The company traded as high as GBX 94.76 ($1.28) and last traded at GBX 93.80 ($1.27), with a volume of 1411246 shares. The stock had previously closed at GBX 93 ($1.26).

Cordiant Digital Infrastructure Trading Up 1.5%

The business has a fifty day moving average price of GBX 86.44 and a two-hundred day moving average price of GBX 87.38. The company has a current ratio of 0.54, a quick ratio of 141.92 and a debt-to-equity ratio of 17.12. The firm has a market capitalization of £727.58 million, a PE ratio of 0.87 and a beta of 0.67.

Insider Buying and Selling at Cordiant Digital Infrastructure

In related news, insider Marten Pieters purchased 12,500 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were bought at an average price of GBX 86 ($1.17) per share, for a total transaction of £10,750 ($14,564.42). Company insiders own 1.64% of the company's stock.

Cordiant Digital Infrastructure Company Profile

(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.

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