Shares of Cordiant Digital Infrastructure (LON:CORD – Get Free Report) fell 0.4% during trading on Friday . The company traded as low as GBX 122.50 and last traded at GBX 123.01. Approximately 513,983 shares traded hands during trading, a decline of 78% from the average session volume of 2,344,348 shares. The stock had previously closed at GBX 123.50.
Cordiant Digital Infrastructure Price Performance
The company has a market capitalization of £941.91 million, a P/E ratio of 5.91 and a beta of 0.62. The company’s 50-day moving average price is GBX 122.18 and its two-hundred day moving average price is GBX 111.95. The company has a debt-to-equity ratio of 15.87, a current ratio of 0.12 and a quick ratio of 141.92.
Insider Transactions at Cordiant Digital Infrastructure
In other news, insider Simon Pitcher acquired 10,000 shares of Cordiant Digital Infrastructure stock in a transaction dated Monday, April 27th. The stock was bought at an average price of GBX 110 per share, for a total transaction of £11,000. 0.06% of the stock is owned by company insiders.
Cordiant Digital Infrastructure Company Profile
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. In total, the Company has successfully raised £795 million in equity, along with a debt package that includes a €200m Eurobond with a consortium of blue-chip institutions; deploying the proceeds into six acquisitions: CRA, Hudson, Emitel, Speed Fibre, Belgian Tower Company, and DCU which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company’s Buy, Build & Grow model.
Further Reading
- Five stocks we like better than Cordiant Digital Infrastructure
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Cordiant Digital Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cordiant Digital Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
