Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month Low – What’s Next?

Cordiant Digital Infrastructure (LON:CORDGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 89.40 ($1.09), with a volume of 385515 shares trading hands. The stock had previously closed at GBX 89.60 ($1.09).

Cordiant Digital Infrastructure Stock Down 2.0 %

The company has a market capitalization of £684.55 million, a P/E ratio of 894.00 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48. The stock has a 50 day moving average price of GBX 88.93 and a 200 day moving average price of GBX 83.48.

Cordiant Digital Infrastructure Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 5th were issued a GBX 2.10 ($0.03) dividend. This represents a yield of 2.47%. The ex-dividend date of this dividend was Thursday, December 5th. Cordiant Digital Infrastructure’s dividend payout ratio (DPR) is currently 4,000.00%.

About Cordiant Digital Infrastructure

(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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