Cordiant Digital Infrastructure (LON:CORD) Sets New 12-Month High – Should You Buy?

Cordiant Digital Infrastructure (LON:CORD)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 104 and last traded at GBX 103.20, with a volume of 43702 shares trading hands. The stock had previously closed at GBX 103.

Cordiant Digital Infrastructure Stock Up 0.2%

The company has a 50-day moving average of GBX 99.30 and a 200-day moving average of GBX 97.22. The company has a current ratio of 0.54, a quick ratio of 141.92 and a debt-to-equity ratio of 17.12. The company has a market capitalization of £790.23 million, a price-to-earnings ratio of 5.15 and a beta of 0.67.

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.