Marten Pieters Acquires 25,000 Shares of Cordiant Digital Infrastructure (LON:CORD) Stock

Key Points

• Marten Pieters, an insider at Cordiant Digital Infrastructure, purchased 25,000 shares at an average price of GBX 96, totaling £24,000.
• The company has a market cap of £728.96 million and operates in markets focused on digital economy infrastructure, including data centres and fibre-optic networks.
• Cordiant Digital Infrastructure has shown fluctuating stock performance, with a 12-month low of GBX 78.28 and a high of GBX 102.

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) insider Marten Pieters acquired 25,000 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The stock was purchased at an average price of GBX 96 per share, with a total value of £24,000.

Cordiant Digital Infrastructure Stock Performance

CORD traded down GBX 0.40 during mid-day trading on Friday, reaching GBX 95.60. 780,907 shares of the company traded hands, compared to its average volume of 1,186,545. The stock has a market capitalization of £732.02 million, a P/E ratio of 695.78 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. The company's fifty day moving average price is GBX 96.47 and its 200-day moving average price is GBX 90.94. Cordiant Digital Infrastructure has a 52-week low of GBX 78.28 and a 52-week high of GBX 102.

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.