Cordiant Digital Infrastructure (LON:CORD) Reaches New 52-Week Low - Should You Sell?

Key Points

• Cordiant Digital Infrastructure shares reached a new 52-week low at GBX 0.20, with the last traded price at GBX 99.80.
• The company has a market capitalization of £769.20 million and a debt-to-equity ratio of 17.12, indicating significant leverage.
• Insider transactions include purchases by Sian Hill and Simon Pitcher, indicating some level of confidence from company insiders in its stock at current prices.

Shares of Cordiant Digital Infrastructure (LON:CORD - Get Free Report) reached a new 52-week low on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 99.80 ($1.35), with a volume of 1142283 shares. The stock had previously closed at GBX 99.60 ($1.35).

Cordiant Digital Infrastructure Trading Up 0.2%

The firm has a market capitalization of £766.12 million, a price-to-earnings ratio of 0.91 and a beta of 0.67. The business has a 50-day moving average of GBX 96.89 and a two-hundred day moving average of GBX 89.83. 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 Transactions at Cordiant Digital Infrastructure

In other news, insider Sian Hill bought 15,211 shares of the firm's stock in a transaction that occurred on Thursday, June 19th. The shares were acquired at an average cost of GBX 99 per share, with a total value of £15,058.89. Also, insider Simon Pitcher purchased 26,875 shares of the business's stock in a transaction on Thursday, June 19th. The shares were acquired at an average price of GBX 101 per share, with a total value of £27,143.75. 1.64% of the stock is owned by company insiders.

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.