Cordiant Digital Infrastructure (LON:CORD) Hits New 12-Month High at $81.40

Cordiant Digital Infrastructure (LON:CORD) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 81.40 ($1.08) and last traded at GBX 81.40 ($1.08), with a volume of 463364 shares trading hands. The stock had previously closed at GBX 80 ($1.06).

Cordiant Digital Infrastructure Price Performance

The company has a market cap of £623.30 million, a PE ratio of 800.00 and a beta of 0.66. The company has a quick ratio of 141.92, a current ratio of 0.48 and a debt-to-equity ratio of 17.12. The stock has a 50-day simple moving average of GBX 77.38 and a 200 day simple moving average of GBX 72.28.

Cordiant Digital Infrastructure Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 19th. Stockholders of record on Thursday, June 27th were given a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 3.03%. The ex-dividend date was Thursday, June 27th. This is a boost from Cordiant Digital Infrastructure’s previous dividend of $2.00. Cordiant Digital Infrastructure’s dividend payout ratio is currently 4,000.00%.

Insider Activity at Cordiant Digital Infrastructure

In other Cordiant Digital Infrastructure news, insider Sian Hill purchased 20,000 shares of the business’s stock in a transaction on Thursday, June 20th. The shares were bought at an average cost of GBX 78 ($1.03) per share, for a total transaction of £15,600 ($20,607.66). Company insiders own 1.51% of the company’s stock.

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.