Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month Low – What’s Next?

Shares of Cordiant Digital Infrastructure (LON:CORDGet Free Report) reached a new 52-week low on Thursday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 87.60 ($1.08), with a volume of 979732 shares trading hands. The stock had previously closed at GBX 89.20 ($1.10).

Cordiant Digital Infrastructure Stock Down 1.8 %

The company has a market capitalization of £670.77 million, a PE ratio of 876.00 and a beta of 0.67. The company’s fifty day moving average is GBX 89.57 and its 200-day moving average is GBX 84.19. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48.

Cordiant Digital Infrastructure Cuts Dividend

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

About Cordiant Digital Infrastructure

(Get Free Report)

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.

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