Digital 9 Infrastructure (LON:DGI9 - Get Free Report) was down 2% on Thursday . The company traded as low as GBX 9.58 ($0.13) and last traded at GBX 9.70 ($0.13). Approximately 766,344 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 3,152,704 shares. The stock had previously closed at GBX 9.90 ($0.13).
Digital 9 Infrastructure Price Performance
The company has a market capitalization of £83.97 million and a price-to-earnings ratio of -0.18. The business's 50-day moving average price is GBX 8.81 and its two-hundred day moving average price is GBX 10.45.
Insider Activity at Digital 9 Infrastructure
In other news, insider Philip Braun bought 384,596 shares of the company's stock in a transaction dated Tuesday, May 6th. The stock was bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £30,767.68 ($41,505.03). Also, insider Andrew Zychowski bought 450,000 shares of the company's stock in a transaction dated Friday, May 2nd. The stock was purchased at an average price of GBX 8 ($0.11) per share, with a total value of £36,000 ($48,563.33). 0.27% of the stock is currently owned by insiders.
About Digital 9 Infrastructure
(
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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.
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