Digital 9 Infrastructure (LON:DGI9) Trading Up 2.8% – What’s Next?

Shares of Digital 9 Infrastructure (LON:DGI9) rose 2.8% on Thursday . The stock traded as high as GBX 4.80 and last traded at GBX 4.63. 16,890 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 2,012,008 shares. The stock had previously closed at GBX 4.50.

Digital 9 Infrastructure Price Performance

The company has a market capitalization of £24.38 million and a PE ratio of -0.18. The firm has a 50-day moving average of GBX 4.60 and a 200 day moving average of GBX 4.96.

About Digital 9 Infrastructure

As announced on 29 January 2024, following the completion of a Strategic Review, the Board has determined that it would be in the best interests of shareholders as a whole to put forward a proposal for a managed wind-down of the Company.
The proposal was approved by the shareholders on 25 March 2024 (99.89% of votes in favour).

As announced on 11 October 2024, InfraRed has been appointed as the Company’s investment manager and AIFM.