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 changed hands during mid-day trading, a decline of 78% from the average daily volume of 2,344,348 shares. The stock had previously closed at GBX 123.50.
Cordiant Digital Infrastructure Stock Down 0.4%
The company has a current ratio of 0.12, a quick ratio of 141.92 and a debt-to-equity ratio of 15.87. The stock has a market cap of £941.91 million, a P/E ratio of 5.91 and a beta of 0.62. The firm has a 50-day simple moving average of GBX 122.18 and a two-hundred day simple moving average of GBX 111.95.
Insider Activity at Cordiant Digital Infrastructure
In other Cordiant Digital Infrastructure news, insider Simon Pitcher purchased 10,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were acquired at an average cost of GBX 110 per share, with a total value of £11,000. Company insiders own 0.06% of the company’s stock.
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.
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