Cordiant Digital Infrastructure (LON:CORD – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 119 and last traded at GBX 117.50, with a volume of 5812307 shares trading hands. The stock had previously closed at GBX 117.
Cordiant Digital Infrastructure Stock Up 1.7%
The firm’s 50-day moving average price is GBX 108.77 and its 200-day moving average price is GBX 105.58. The company has a market cap of £911.20 million, a P/E ratio of 5.94 and a beta of 0.61.
Insider Transactions at Cordiant Digital Infrastructure
In related news, insider Sian Hill purchased 10,000 shares of the firm’s stock in a transaction dated Monday, April 13th. The shares were purchased at an average price of GBX 105 per share, with a total value of £10,500. Also, insider Shonaid Jemmett- Page acquired 23,753 shares of the business’s stock in a transaction dated Monday, April 13th. The stock was acquired at an average cost of GBX 105 per share, with a total value of £24,940.65. Insiders have purchased 43,753 shares of company stock valued at $4,644,065 in the last quarter. Insiders own 0.06% of the company’s stock.
About Cordiant Digital Infrastructure
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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