Digital 9 Infrastructure (LON:DGI9) Trading Up 2% – Should You Buy?

Digital 9 Infrastructure (LON:DGI9Get Free Report)’s share price shot up 2% during mid-day trading on Thursday . The stock traded as high as GBX 4.69 and last traded at GBX 4.59. Approximately 143,541 shares changed hands during trading, a decline of 94% from the average daily volume of 2,301,767 shares. The stock had previously closed at GBX 4.50.

Digital 9 Infrastructure Stock Performance

The company has a 50 day moving average of GBX 4.58 and a 200 day moving average of GBX 5.20. The firm has a market cap of £24.87 million and a P/E ratio of -0.18.

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.

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