Shares of Digital 9 Infrastructure (LON:DGI9 – Get Free Report) were up 8% on Thursday. The stock traded as high as GBX 4.60 and last traded at GBX 4.60. Approximately 185,344 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,729,363 shares. The stock had previously closed at GBX 4.26.
Digital 9 Infrastructure Stock Down 7.4%
The stock’s 50 day moving average is GBX 4.43 and its two-hundred day moving average is GBX 4.64. The company has a market capitalization of £23.08 million and a PE ratio of -0.18.
About Digital 9 Infrastructure
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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