Digital 9 Infrastructure (LON:DGI9) Shares Down 5.1% – Here’s What Happened

Shares of Digital 9 Infrastructure (LON:DGI9Get Free Report) dropped 5.1% on Wednesday . The stock traded as low as GBX 4.40 and last traded at GBX 4.51. Approximately 949,099 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 1,944,618 shares. The stock had previously closed at GBX 4.75.

Digital 9 Infrastructure Stock Down 5.1%

The company has a market cap of £24.43 million and a price-to-earnings ratio of -0.18. The firm has a 50 day moving average price of GBX 4.97 and a two-hundred day moving average price of GBX 5.39.

About Digital 9 Infrastructure

(Get Free Report)

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.

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