Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month Low – What’s Next?

Shares of Cordiant Digital Infrastructure (LON:CORD) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 87.60 ($1.08), with a volume of 979732 shares. The stock had previously closed at GBX 89.20 ($1.10).

Cordiant Digital Infrastructure Stock Performance

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 stock has a market capitalization of £670.77 million, a PE ratio of 876.00 and a beta of 0.67. The business’s 50 day moving average is GBX 89.57 and its 200 day moving average is GBX 84.19.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 5th were issued a GBX 2.10 ($0.03) dividend. The ex-dividend date was 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 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.