Cordiant Digital Infrastructure (LON:CORD) Trading Up 1% – Here’s Why

Cordiant Digital Infrastructure (LON:CORDGet Free Report) was up 1% on Wednesday . The company traded as high as GBX 83.20 ($1.11) and last traded at GBX 82.40 ($1.10). Approximately 11,493,366 shares changed hands during mid-day trading, an increase of 1,014% from the average daily volume of 1,032,145 shares. The stock had previously closed at GBX 81.60 ($1.08).

Cordiant Digital Infrastructure Stock Performance

The company has a quick ratio of 141.92, a current ratio of 0.54 and a debt-to-equity ratio of 17.12. The company has a market capitalization of £638.75 million, a price-to-earnings ratio of 0.76 and a beta of 0.67. The stock has a fifty day moving average price of GBX 84.81 and a two-hundred day moving average price of GBX 86.99.

Insider Buying and Selling at Cordiant Digital Infrastructure

In other Cordiant Digital Infrastructure news, insider Marten Pieters purchased 12,500 shares of the firm’s stock in a transaction on Tuesday, April 1st. The shares were purchased at an average cost of GBX 86 ($1.14) per share, with a total value of £10,750 ($14,291.41). 1.64% of the stock is owned by insiders.

About Cordiant Digital Infrastructure

(Get Free Report)

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.

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