Cordiant Digital Infrastructure (LON:CORD) Sets New 1-Year High – Here’s Why

Cordiant Digital Infrastructure (LON:CORD)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 93.80 ($1.19) and last traded at GBX 92.83 ($1.18), with a volume of 3191246 shares. The stock had previously closed at GBX 92.40 ($1.17).

Cordiant Digital Infrastructure Stock Up 0.6 %

The company has a debt-to-equity ratio of 17.12, a current ratio of 0.48 and a quick ratio of 141.92. The stock has a market cap of £712.12 million, a PE ratio of 924.00 and a beta of 0.67. The company has a 50 day moving average price of GBX 87.99 and a two-hundred day moving average price of GBX 81.17.

Cordiant Digital Infrastructure Cuts Dividend

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