Cordiant Digital Infrastructure (LON:CORD) Reaches New 12-Month High – Here’s What Happened

Cordiant Digital Infrastructure (LON:CORDGet Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 93.80 ($1.18) and last traded at GBX 92.83 ($1.17), with a volume of 3191246 shares changing hands. The stock had previously closed at GBX 92.40 ($1.16).

Cordiant Digital Infrastructure Stock Performance

The firm has a market capitalization of £701.40 million, a P/E ratio of 916.00 and a beta of 0.67. The stock has a fifty day simple moving average of GBX 88.15 and a two-hundred day simple moving average of GBX 81.39. The company has a debt-to-equity ratio of 17.12, a current ratio of 0.48 and a quick ratio of 141.92.

Cordiant Digital Infrastructure Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, December 5th will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 2.47%. Cordiant Digital Infrastructure’s payout ratio is presently 4,000.00%.

Cordiant Digital Infrastructure Company Profile

(Get Free Report)

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.

Further Reading

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