Cordiant Digital Infrastructure (LON:CORD) Sets New 12-Month Low – Time to Sell?

Cordiant Digital Infrastructure (LON:CORD) shares hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 91.20 ($1.11), with a volume of 780220 shares. The stock had previously closed at GBX 90 ($1.10).

Cordiant Digital Infrastructure Stock Up 1.3 %

The company has a market cap of £698.34 million, a P/E ratio of 912.00 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a current ratio of 0.48 and a quick ratio of 141.92. The stock has a fifty day moving average price of GBX 89 and a two-hundred day moving average price of GBX 83.64.

Cordiant Digital Infrastructure Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, December 5th were issued a dividend of GBX 2.10 ($0.03) per share. This represents a yield of 2.47%. The ex-dividend date of this dividend was Thursday, December 5th. Cordiant Digital Infrastructure’s dividend 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.