Cordiant Digital Infrastructure (LON:CORD – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 124 and last traded at GBX 123, with a volume of 4141290 shares trading hands. The stock had previously closed at GBX 122.50.
Cordiant Digital Infrastructure Trading Up 0.4%
The company has a 50 day moving average price of GBX 111.72 and a 200 day moving average price of GBX 107.16. The company has a market capitalization of £949.11 million, a price-to-earnings ratio of 6.19 and a beta of 0.61.
Insider Activity
In other news, insider Simon Pitcher bought 10,000 shares of the stock in a transaction dated Monday, April 27th. The stock was bought at an average cost of GBX 110 per share, with a total value of £11,000. Also, insider Sian Hill bought 10,000 shares of the stock in a transaction dated Monday, April 13th. The stock was purchased at an average cost of GBX 105 per share, with a total value of £10,500. In the last ninety days, insiders bought 43,753 shares of company stock valued at $4,644,065. Company insiders own 0.06% of the company’s stock.
Cordiant Digital Infrastructure Company Profile
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. In total, the Company has successfully raised £795 million in equity, along with a debt package that includes a €200m Eurobond with a consortium of blue-chip institutions; deploying the proceeds into six acquisitions: CRA, Hudson, Emitel, Speed Fibre, Belgian Tower Company, and DCU which together offer stable, often index-linked income, and the opportunity for growth, in line with the Company’s Buy, Build & Grow model.
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