Digital 9 Infrastructure (LON:DGI9) Shares Up 2% – Here’s What Happened

Digital 9 Infrastructure (LON:DGI9)’s stock price traded up 2% on Thursday . The company traded as high as GBX 4.69 and last traded at GBX 4.59. Approximately 143,541 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 2,301,767 shares. The stock had previously closed at GBX 4.50.

Digital 9 Infrastructure Trading Down 0.9%

The company has a market capitalization of £24.65 million and a P/E ratio of -0.18. The company’s 50 day moving average is GBX 4.58 and its 200-day moving average is GBX 5.20.

About Digital 9 Infrastructure

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.