Digital 9 Infrastructure (LON:DGI9) Shares Up 0.7% – Still a Buy?

Digital 9 Infrastructure (LON:DGI9Get Free Report)’s share price was up 0.7% on Thursday . The stock traded as high as GBX 5.84 and last traded at GBX 5.65. Approximately 4,388,532 shares changed hands during mid-day trading, an increase of 57% from the average daily volume of 2,798,268 shares. The stock had previously closed at GBX 5.61.

Digital 9 Infrastructure Price Performance

The firm’s 50 day simple moving average is GBX 7.35 and its two-hundred day simple moving average is GBX 8.66. The firm has a market capitalization of £48.88 million and a P/E ratio of -0.21.

About Digital 9 Infrastructure

(Get Free Report)

As announced on 29 January 2024, following the completion of a Strategic Review, the Board has determined that it would be in the best interests of shareholders as a whole to put forward a proposal for a managed wind-down of the Company.
The proposal was approved by the shareholders on 25 March 2024 (99.89% of votes in favour).

As announced on 11 October 2024, InfraRed has been appointed as the Company’s investment manager and AIFM.

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