Key Points
- Insider Simon Pitcher bought 10,000 shares on April 27 at GBX 110 per share, a transaction of £11,000.
- Shares opened at GBX 114 (up ~3.6%), with a 12‑month range of GBX 81.60–114.50; the stock has a market cap of £872.9 million, a P/E of 5.69 and a beta of 0.80.
- Cordiant is a specialist owner/operator of digital infrastructure (data centres, fibre and towers) and has raised ~£795 million in equity plus a €200m Eurobond to fund six acquisitions under its Buy, Build & Grow strategy.
Cordiant Digital Infrastructure (LON:CORD - Get Free Report) insider Simon Pitcher bought 10,000 shares of Cordiant Digital Infrastructure stock in a transaction that occurred on Monday, April 27th. The shares were acquired at an average price of GBX 110 per share, for a total transaction of £11,000.
Cordiant Digital Infrastructure Trading Up 3.6%
LON:CORD opened at GBX 114 on Tuesday. Cordiant Digital Infrastructure has a twelve month low of GBX 81.60 and a twelve month high of GBX 114.50. The firm has a market capitalization of £872.92 million, a price-to-earnings ratio of 5.69 and a beta of 0.80. The firm's fifty day simple moving average is GBX 105.44 and its 200 day simple moving average is GBX 103.61.
Cordiant Digital Infrastructure Company Profile
(
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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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