Cordiant Digital Infrastructure (LON:CORD) Sets New 1-Year Low – Should You Sell?

Shares of Cordiant Digital Infrastructure (LON:CORD) hit a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 0.02 and last traded at GBX 107, with a volume of 613409 shares traded. The stock had previously closed at GBX 108.

Cordiant Digital Infrastructure Trading Down 0.9%

The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.54. The firm has a market cap of £819.32 million, a PE ratio of 5.34 and a beta of 0.67. The company has a 50 day simple moving average of GBX 102.56 and a two-hundred day simple moving average of GBX 98.85.

Cordiant Digital Infrastructure Company Profile

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. In total, the Company has successfully raised £795 million in equity, along with a debt package that includes a €200m Eurobond with a consortium of blue-chip institutions; deploying the proceeds into six acquisitions: CRA, Hudson, Emitel, Speed Fibre, Belgian Tower Company, and DCU which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company’s Buy, Build & Grow model.