Cordiant Digital Infrastructure (LON:CORD) Reaches New 52-Week Low – Should You Sell?

Shares of Cordiant Digital Infrastructure (LON:CORD) hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 89.40 ($1.12), with a volume of 385515 shares traded. The stock had previously closed at GBX 89.60 ($1.12).

Cordiant Digital Infrastructure Trading Down 0.2 %

The company has a debt-to-equity ratio of 17.12, a current ratio of 0.48 and a quick ratio of 141.92. The stock’s 50-day moving average price is GBX 88.81 and its 200 day moving average price is GBX 83.12. The firm has a market capitalization of £684.55 million, a PE ratio of 894.00 and a beta of 0.67.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 5th were paid a GBX 2.10 ($0.03) dividend. This represents a yield of 2.47%. The ex-dividend date of this dividend was Thursday, December 5th. Cordiant Digital Infrastructure’s dividend payout ratio (DPR) is presently 4,000.00%.

Cordiant Digital Infrastructure Company Profile

Cordiant Digital Infrastructure Limited is an infrastructure investment fund specializes in investments in buy & build, capital expenditure and bolt-on acquisitions and digital infrastructure assets in the middle-market. It focuses on investing in companies operating in data and cloud centers, mobile telecommunications/ broadcast towers, distributed sensor networks and fibre-optic network assets businesses.