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Digital 9 Infrastructure (LON:DGI9) Hits New 12-Month Low - Here's Why

Digital 9 Infrastructure logo with Financial Services background

Digital 9 Infrastructure (LON:DGI9 - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 8.13 ($0.11) and last traded at GBX 8.51 ($0.11), with a volume of 1253193 shares changing hands. The stock had previously closed at GBX 8.22 ($0.11).

Digital 9 Infrastructure Price Performance

The firm has a 50-day simple moving average of GBX 9.06 and a 200 day simple moving average of GBX 13.70. The company has a market capitalization of £71.95 million and a PE ratio of -0.16.

About Digital 9 Infrastructure

(Get Free Report)

As announced on 29 January 2024, following the completion of a Strategic Review, the Board has determined that it would be in the best interests of shareholders as a whole to put forward a proposal for a managed wind-down of the Company. The proposal was approved by the shareholders on 25 March 2024 (99.89% of votes in favour). As announced on 11 October 2024, InfraRed has been appointed as the Company's investment manager and AIFM.

Further Reading

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