Digital 9 Infrastructure (LON:DGI9) Stock Falls 1.1% – Here’s What Happened

Digital 9 Infrastructure (LON:DGI9)’s share price traded down 1.1% on Thursday. The company traded as low as GBX 4.30 and last traded at GBX 4.41. 1,597,207 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 1,794,916 shares. The stock had previously closed at GBX 4.46.

Digital 9 Infrastructure Stock Down 1.4%

The firm has a market cap of £23.57 million and a P/E ratio of -0.18. The company’s 50 day simple moving average is GBX 4.52 and its 200-day simple moving average is GBX 4.74.

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.