Cordiant Digital Infrastructure (LON:CORD) Sets New 12-Month Low – Here’s What Happened

Shares of Cordiant Digital Infrastructure (LON:CORD) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 85 ($1.08), with a volume of 272351 shares. The stock had previously closed at GBX 84 ($1.06).

Cordiant Digital Infrastructure Trading Up 0.1 %

The business has a 50 day simple moving average of GBX 86.36 and a 200-day simple moving average of GBX 78.99. The stock has a market capitalization of £691.14 million, a price-to-earnings ratio of 902.60 and a beta of 0.67. The company has a current ratio of 0.48, a quick ratio of 141.92 and a debt-to-equity ratio of 17.12.

Cordiant Digital Infrastructure Cuts Dividend

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