Digital 9 Infrastructure (LON:DGI9) Trading Up 1% – Here’s Why

Digital 9 Infrastructure (LON:DGI9Get Free Report)’s stock price was up 1% during trading on Wednesday . The company traded as high as GBX 5.27 and last traded at GBX 5.25. Approximately 910,968 shares changed hands during trading, a decline of 62% from the average daily volume of 2,425,128 shares. The stock had previously closed at GBX 5.20.

Digital 9 Infrastructure Stock Up 1.0%

The stock has a fifty day moving average price of GBX 5.58 and a two-hundred day moving average price of GBX 7.14. The company has a market capitalization of £45.42 million and a price-to-earnings ratio of -0.20.

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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