Digital 9 Infrastructure (LON:DGI9) Stock Jumps 8% – Should You Buy?

Digital 9 Infrastructure (LON:DGI9 – Get Free Report)’s share price rose 8% during trading on Thursday. The company traded as high as GBX 4.60 and last traded at GBX 4.60. Approximately 185,344 shares traded hands during trading, a decline of 89% from the average session volume of 1,729,363 shares. The stock had previously closed at GBX 4.26.

Digital 9 Infrastructure Price Performance

The firm’s fifty day simple moving average is GBX 4.43 and its 200 day simple moving average is GBX 4.65. The company has a market capitalization of £24.92 million and a PE ratio of -0.19.

Digital 9 Infrastructure Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Digital 9 Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital 9 Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.