Cordiant Digital Infrastructure (LON:CORD) Sets New 52-Week Low – Here’s Why

Cordiant Digital Infrastructure (LON:CORD) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.02 and last traded at GBX 106, with a volume of 608023 shares. The stock had previously closed at GBX 106.50.

Cordiant Digital Infrastructure Stock Down 1.0%

The firm’s fifty day moving average is GBX 105.10 and its 200-day moving average is GBX 99.94. The company has a market capitalization of £796.34 million, a P/E ratio of 5.19 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.54.

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.