Cordiant Digital Infrastructure (LON:CORD – Get Free Report)’s stock price traded down 0.4% during trading on Friday . The company traded as low as GBX 122.50 and last traded at GBX 123.01. 513,983 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 2,344,348 shares. The stock had previously closed at GBX 123.50.
Cordiant Digital Infrastructure Stock Performance
The business has a fifty day simple moving average of GBX 122.18 and a two-hundred day simple moving average of GBX 111.95. The company has a debt-to-equity ratio of 15.87, a current ratio of 0.12 and a quick ratio of 141.92. The company has a market cap of £941.91 million, a PE ratio of 5.91 and a beta of 0.62.
Insider Activity at Cordiant Digital Infrastructure
In related news, insider Simon Pitcher acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was purchased at an average cost of GBX 110 per share, for a total transaction of £11,000. Insiders own 0.06% of the company’s stock.
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.
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