Cordiant Digital Infrastructure (LON:CORD) Reaches New 1-Year Low – Here’s What Happened

Cordiant Digital Infrastructure (LON:CORD)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 84 ($1.04), with a volume of 2536271 shares traded. The stock had previously closed at GBX 84.60 ($1.05).

Cordiant Digital Infrastructure Stock Performance

The firm has a market capitalization of £643.20 million, a P/E ratio of 840.00 and a beta of 0.67. The company has a 50-day moving average of GBX 89.79 and a 200-day moving average of GBX 84.59. 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 business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 5th were given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 2.47%. Cordiant Digital Infrastructure’s dividend payout ratio (DPR) is 4,000.00%.

Cordiant Digital Infrastructure Company Profile

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.