Insider Buying: Cordiant Digital Infrastructure (LON:CORD) Insider Buys £20,800 in Stock

Cordiant Digital Infrastructure (LON:CORD) insider Marten Pieters acquired 20,000 shares of the stock in a transaction that occurred on Friday, January 30th. The stock was acquired at an average cost of GBX 104 per share, for a total transaction of £20,800.

Cordiant Digital Infrastructure Stock Down 0.2%

CORD stock opened at GBX 103.79 on Thursday. Cordiant Digital Infrastructure has a 1-year low of GBX 78.28 and a 1-year high of GBX 109.50. The business has a fifty day moving average price of GBX 105.44 and a 200-day moving average price of GBX 100.23. The company has a debt-to-equity ratio of 17.12, a current ratio of 0.54 and a quick ratio of 141.92. The stock has a market capitalization of £794.73 million, a P/E ratio of 5.18 and a beta of 0.67.

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.