Cordiant Digital Infrastructure (LON:CORD) Stock Price Down 0.6% - What's Next?

Key Points

• Cordiant Digital Infrastructure stock price fell by 0.6%, trading as low as GBX 95.60 ($1.28) during mid-day trading.
• Insider buying activity includes Sian Hill purchasing 15,211 shares for £15,058.89 and Simon Pitcher acquiring 26,875 shares for £27,143.75 on June 19th.
• The company specializes in investing in digital infrastructure such as data centres and fibre-optic networks across Europe and North America.

Cordiant Digital Infrastructure (LON:CORD - )'s stock price dropped 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 95.60 ($1.28) and last traded at GBX 95.80 ($1.28). Approximately 878,300 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 1,228,821 shares. The stock had previously closed at GBX 96.40 ($1.29).

Cordiant Digital Infrastructure Trading Down 0.6%

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 50-day moving average price of GBX 94.09 and a 200-day moving average price of GBX 88.54. The company has a market capitalization of £738.37 million, a price-to-earnings ratio of 0.88 and a beta of 0.67.

Insider Buying and Selling at Cordiant Digital Infrastructure

In other news, insider Sian Hill bought 15,211 shares of the company's stock in a transaction dated Thursday, June 19th. The shares were acquired at an average cost of GBX 99 ($1.32) per share, with a total value of £15,058.89 ($20,110.70). Also, insider Simon Pitcher purchased 26,875 shares of Cordiant Digital Infrastructure stock in a transaction that occurred on Thursday, June 19th. The stock was purchased at an average price of GBX 101 ($1.35) per share, with a total value of £27,143.75 ($36,249.67). Company insiders own 1.64% of the company's stock.

Cordiant Digital Infrastructure Company Profile

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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