Cordiant Digital Infrastructure (LON:CORD) Hits New 1-Year Low at $0.20

Cordiant Digital Infrastructure (LON:CORD)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.20 ($0.00) and last traded at GBX 78 ($1.01), with a volume of 749577 shares traded. The stock had previously closed at GBX 76.60 ($0.99).

Cordiant Digital Infrastructure Stock Performance

The company has a debt-to-equity ratio of 19.45, a quick ratio of 141.92 and a current ratio of 29.39. The firm has a market cap of £596.17 million, a P/E ratio of 861.78 and a beta of 0.65. The business’s 50-day simple moving average is GBX 73.48 and its 200 day simple moving average is GBX 70.03.

Cordiant Digital Infrastructure Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 27th will be given a GBX 2.20 ($0.03) dividend. This represents a yield of 3.03%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from Cordiant Digital Infrastructure’s previous dividend of $2.00. Cordiant Digital Infrastructure’s payout ratio is 4,444.44%.

Insiders Place Their Bets

In related news, insider Sian Hill bought 20,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was acquired at an average price of GBX 78 ($1.01) per share, with a total value of £15,600 ($20,230.84). 1.34% of the stock is currently owned by insiders.

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.