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

Cordiant Digital Infrastructure (LON:CORD)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 92.20 ($1.18), with a volume of 18931289 shares traded. The stock had previously closed at GBX 90.97 ($1.16).

Cordiant Digital Infrastructure Price Performance

The stock has a market capitalization of £684.55 million, a price-to-earnings ratio of 910.00 and a beta of 0.67. The company has a quick ratio of 141.92, a current ratio of 0.48 and a debt-to-equity ratio of 17.12. The company’s 50-day simple moving average is GBX 87.74 and its 200 day simple moving average is GBX 80.58.

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 paid a GBX 2.10 ($0.03) dividend. 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%.

About Cordiant Digital Infrastructure

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.