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Cordiant Digital Infrastructure (LON:CORD) Trading 1.3% Higher - Still a Buy?

Cordiant Digital Infrastructure logo with Financial Services background

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) shares traded up 1.3% during trading on Friday . The company traded as high as GBX 92.80 ($1.26) and last traded at GBX 92.22 ($1.25). 217,562 shares changed hands during trading, a decline of 81% from the average session volume of 1,147,329 shares. The stock had previously closed at GBX 91 ($1.23).

Cordiant Digital Infrastructure Trading Down 0.7%

The stock has a market cap of £699.83 million, a P/E ratio of 0.83 and a beta of 0.67. 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 business's 50 day simple moving average is GBX 85.62 and its 200 day simple moving average is GBX 87.17.

Insiders Place Their Bets

In other news, insider Marten Pieters acquired 12,500 shares of the firm's stock in a transaction on Tuesday, April 1st. The shares were purchased at an average cost of GBX 86 ($1.17) per share, with a total value of £10,750 ($14,568.37). Insiders own 1.64% of the company's stock.

About Cordiant Digital Infrastructure

(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.

Further Reading

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