Cordiant Digital Infrastructure (LON:CORD) Sets New 12-Month High – Here’s What Happened

Cordiant Digital Infrastructure (LON:CORD) reached a new 52-week high on Monday . The stock traded as high as GBX 125 and last traded at GBX 124.22, with a volume of 784576 shares trading hands. The stock had previously closed at GBX 123.50.

Cordiant Digital Infrastructure Stock Up 0.6%

The company has a debt-to-equity ratio of 15.22, a quick ratio of 141.92 and a current ratio of 0.06. The firm has a market capitalization of £951.17 million, a PE ratio of 6.20 and a beta of 0.62. The company has a fifty day moving average price of GBX 114.44 and a 200-day moving average price of GBX 108.35.

Insider Activity at Cordiant Digital Infrastructure

In other Cordiant Digital Infrastructure news, insider Sian Hill purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were bought at an average price of GBX 105 per share, with a total value of £10,500. Also, insider Shonaid Jemmett- Page acquired 23,753 shares of the stock in a transaction on Monday, April 13th. The shares were acquired at an average price of GBX 105 per share, with a total value of £24,940.65. Insiders have acquired a total of 43,753 shares of company stock valued at $4,644,065 over the last 90 days. 0.06% of the stock is owned by corporate insiders.

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.