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

Cordiant Digital Infrastructure (LON:CORD) shares reached a new 52-week low on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 83 ($1.03), with a volume of 368615 shares trading hands. The stock had previously closed at GBX 83.20 ($1.04).

Cordiant Digital Infrastructure Price Performance

The company has a current ratio of 0.48, a quick ratio of 141.92 and a debt-to-equity ratio of 17.12. The stock has a market cap of £652.39 million, a PE ratio of 852.00 and a beta of 0.67. The company’s 50 day moving average is GBX 88.96 and its 200-day moving average is GBX 84.93.

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 given a dividend of GBX 2.10 ($0.03) per share. This represents a dividend yield of 2.47%. The ex-dividend date of this dividend was Thursday, December 5th. Cordiant Digital Infrastructure’s payout ratio is 4,000.00%.

About Cordiant Digital Infrastructure

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.