Digital 9 Infrastructure (LON:DGI9) Trading Up 0.8% - Should You Buy?

Key Points

• Digital 9 Infrastructure's shares saw a **0.8% increase** during mid-day trading, closing at GBX 9.33 ($0.13) after reaching a high of GBX 9.36.
• The company has a **market capitalization of £79.54 million** and a notably negative **price-to-earnings ratio of -0.17**.
• Following a **Strategic Review**, shareholders approved a **managed wind-down proposal** for the company on March 25, 2024, with 99.89% of votes in favor.

Shares of Digital 9 Infrastructure (LON:DGI9 - ) were up 0.8% during mid-day trading on Monday . The stock traded as high as GBX 9.36 ($0.13) and last traded at GBX 9.33 ($0.13). Approximately 2,950,026 shares traded hands during trading, an increase of 5% from the average daily volume of 2,802,752 shares. The stock had previously closed at GBX 9.26 ($0.12).

Digital 9 Infrastructure Stock Up 0.8%

The stock has a market capitalization of £79.54 million and a price-to-earnings ratio of -0.17. The stock's 50-day simple moving average is GBX 9.71 and its 200 day simple moving average is GBX 9.09.

Digital 9 Infrastructure Company Profile

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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