Digital 9 Infrastructure (LON:DGI9) Trading Up 5.5% – Should You Buy?

Digital 9 Infrastructure (LON:DGI9) shares were up 5.5% during trading on Thursday . The company traded as high as GBX 4.80 and last traded at GBX 4.80. Approximately 239,150 shares changed hands during trading, a decline of 89% from the average session volume of 2,126,056 shares. The stock had previously closed at GBX 4.55.

Digital 9 Infrastructure Price Performance

The company’s 50 day moving average is GBX 4.58 and its two-hundred day moving average is GBX 5.08. The firm has a market cap of £25.19 million and a P/E ratio of -0.19.

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.