Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month Low at $0.20

Cordiant Digital Infrastructure (LON:CORD)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 75.60 ($0.96), with a volume of 1283493 shares traded. The stock had previously closed at GBX 76 ($0.96).

Cordiant Digital Infrastructure Trading Up 0.2 %

The firm has a market capitalization of £586.64 million, a P/E ratio of 860.49 and a beta of 0.65. The company has a current ratio of 29.39, a quick ratio of 141.92 and a debt-to-equity ratio of 19.45. The stock has a 50 day simple moving average of GBX 71.11 and a 200-day simple moving average of GBX 70.

Cordiant Digital Infrastructure Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 19th. Investors of record on Thursday, June 27th will be given a dividend of GBX 2.20 ($0.03) per share. This represents a yield of 3.03%. This is a positive change from Cordiant Digital Infrastructure’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, June 27th. Cordiant Digital Infrastructure’s payout ratio is 4,444.44%.

Insiders Place Their Bets

In related news, insider Sian Hill bought 20,000 shares of the stock in a transaction that occurred on Thursday, June 20th. The shares were bought at an average cost of GBX 78 ($0.99) per share, for a total transaction of £15,600 ($19,731.85). Insiders own 1.34% of the company’s stock.

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.