Cordiant Digital Infrastructure (LON:CORD) Hits New 12-Month Low – Time to Sell?

Cordiant Digital Infrastructure (LON:CORD)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 87.60 ($1.09), with a volume of 979732 shares. The stock had previously closed at GBX 89.20 ($1.11).

Cordiant Digital Infrastructure Stock Performance

The company has a market capitalization of £667.71 million, a price-to-earnings ratio of 872.00 and a beta of 0.67. The company has a debt-to-equity ratio of 17.12, a current ratio of 0.48 and a quick ratio of 141.92. The stock has a 50 day moving average price of GBX 89.73 and a two-hundred day moving average price of GBX 84.33.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, December 5th were paid a GBX 2.10 ($0.03) dividend. The ex-dividend date was Thursday, December 5th. This represents a dividend yield of 2.47%. Cordiant Digital Infrastructure’s dividend payout ratio (DPR) is presently 4,000.00%.

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.