Digital 9 Infrastructure (LON:DGI9) Shares Cross Above 50-Day Moving Average – What’s Next?

Digital 9 Infrastructure (LON:DGI9 – Get Free Report)’s share price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of GBX 4.43 and traded as high as GBX 4.60. Digital 9 Infrastructure shares last traded at GBX 4.60, with a volume of 257,093 shares trading hands.

Digital 9 Infrastructure Trading Down 4.6%

The firm’s fifty day moving average is GBX 4.43 and its 200-day moving average is GBX 4.88. The stock has a market capitalization of £22.88 million and a PE ratio of -0.18.

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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