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Cordiant Digital Infrastructure (LON:CORD) Stock Price Up 0.8% - Here's What Happened

Cordiant Digital Infrastructure logo with Financial Services background

Cordiant Digital Infrastructure (LON:CORD - Get Free Report) shares traded up 0.8% during mid-day trading on Wednesday . The company traded as high as GBX 99.20 ($1.33) and last traded at GBX 98.20 ($1.31). 607,401 shares traded hands during trading, a decline of 47% from the average session volume of 1,138,835 shares. The stock had previously closed at GBX 97.40 ($1.30).

Cordiant Digital Infrastructure Price Performance

The company has a fifty day moving average price of GBX 97.18 and a two-hundred day moving average price of GBX 93.04. The firm has a market cap of £752.24 million, a P/E ratio of 7.15 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.

Insiders Place Their Bets

In other news, insider Marten Pieters bought 25,000 shares of Cordiant Digital Infrastructure stock in a transaction dated Monday, September 8th. The shares were purchased at an average cost of GBX 96 per share, with a total value of £24,000. Company insiders own 0.05% of the company's stock.

Cordiant Digital Infrastructure Company Profile

(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.

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