Digital 9 Infrastructure (LON:DGI9) Shares Up 0.9% – Here’s Why

Digital 9 Infrastructure (LON:DGI9)’s share price shot up 0.9% during mid-day trading on Monday . The company traded as high as GBX 5.65 and last traded at GBX 5.65. 788,914 shares were traded during mid-day trading, a decline of 46% from the average session volume of 1,450,554 shares. The stock had previously closed at GBX 5.60.

Digital 9 Infrastructure Price Performance

The stock has a market cap of £48.88 million and a PE ratio of -0.21. The firm’s 50 day moving average price is GBX 5.81 and its two-hundred day moving average price is GBX 7.81.

Digital 9 Infrastructure Company Profile

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.