Digital 9 Infrastructure (LON:DGI9 – Get Free Report) crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 4.37 and traded as low as GBX 4.12. Digital 9 Infrastructure shares last traded at GBX 4.14, with a volume of 223,422 shares changing hands.
Digital 9 Infrastructure Stock Performance
The stock’s 50-day simple moving average is GBX 4.36 and its 200-day simple moving average is GBX 4.78. The stock has a market cap of £22.75 million and a price-to-earnings ratio of -0.18.
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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