Cordiant Digital Infrastructure (LON:CORD) Reaches New 1-Year Low – Time to Sell?

Shares of Cordiant Digital Infrastructure (LON:CORD) hit a new 52-week low during trading on Monday . The stock traded as low as GBX 0.20 ($0.00) and last traded at GBX 92.20 ($1.18), with a volume of 18931289 shares. The stock had previously closed at GBX 90.97 ($1.16).

Cordiant Digital Infrastructure Trading Down 1.8 %

The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48. The firm has a market cap of £684.55 million, a price-to-earnings ratio of 910.00 and a beta of 0.67. The company’s 50-day moving average is GBX 87.74 and its 200-day moving average is GBX 80.58.

Cordiant Digital Infrastructure Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, December 5th will be issued a GBX 2.10 ($0.03) dividend. The ex-dividend date is Thursday, December 5th. This represents a yield of 2.47%. Cordiant Digital Infrastructure’s dividend payout ratio is currently 4,000.00%.

Cordiant Digital Infrastructure Company Profile

Cordiant Digital Infrastructure Limited is an infrastructure investment fund specializes in investments in buy & build, capital expenditure and bolt-on acquisitions and digital infrastructure assets in the middle-market. It focuses on investing in companies operating in data and cloud centers, mobile telecommunications/ broadcast towers, distributed sensor networks and fibre-optic network assets businesses.