Cordiant Digital Infrastructure (LON:CORD) Hits New 52-Week Low - Here's Why

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 90.80 ($1.24), with a volume of 501371 shares trading hands. The stock had previously closed at GBX 91.40 ($1.24).

Cordiant Digital Infrastructure Stock Performance

The company has a market cap of £704.46 million, a PE ratio of 0.84 and a beta of 0.67. 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 business's 50 day moving average is GBX 86.22 and its two-hundred day moving average is GBX 87.32.

Insiders Place Their Bets

In related news, insider Marten Pieters purchased 12,500 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were acquired at an average price of GBX 86 ($1.17) per share, for a total transaction of £10,750 ($14,635.81). Corporate insiders own 1.64% of the company's stock.

About Cordiant Digital Infrastructure

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.