Cordiant Digital Infrastructure (LON:CORD) Reaches New 1-Year Low – Time to Sell?

Cordiant Digital Infrastructure (LON:CORD)’s stock price hit a new 52-week low on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 91 ($1.16), with a volume of 646566 shares traded. The stock had previously closed at GBX 89.60 ($1.14).

Cordiant Digital Infrastructure Stock Up 1.6 %

The company has a current ratio of 0.48, a quick ratio of 141.92 and a debt-to-equity ratio of 17.12. The business’s 50-day simple moving average is GBX 86.86 and its 200-day simple moving average is GBX 79.72. The company has a market capitalization of £696.81 million, a PE ratio of 909.52 and a beta of 0.67.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, December 5th will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, December 5th. This represents a yield of 2.47%. Cordiant Digital Infrastructure’s dividend payout ratio 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.