Cordiant Digital Infrastructure (LON:CORD) Hits New 52-Week Low – Here’s What Happened

Shares of Cordiant Digital Infrastructure (LON:CORD) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 91 ($1.14), with a volume of 794300 shares changing hands. The stock had previously closed at GBX 92.40 ($1.16).

Cordiant Digital Infrastructure Stock Down 1.5 %

The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48. The firm has a market capitalization of £696.81 million, a P/E ratio of 910.00 and a beta of 0.67. The business’s fifty day moving average price is GBX 88.15 and its two-hundred day moving average price is GBX 81.39.

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 paid a GBX 2.10 ($0.03) dividend. This represents a yield of 2.47%. The ex-dividend date of this dividend is Thursday, December 5th. Cordiant Digital Infrastructure’s dividend payout ratio (DPR) is presently 4,000.00%.

Cordiant Digital Infrastructure Company Profile

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.