Diginex's (NASDAQ:DGNX - Get Free Report) lock-up period is set to end on Monday, July 21st. Diginex had issued 2,250,000 shares in its IPO on January 22nd. The total size of the offering was $9,225,000 based on an initial share price of $4.10. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of Diginex to a "hold" rating in a research report on Saturday, June 14th.
Read Our Latest Stock Report on DGNX
Diginex Stock Performance
Shares of NASDAQ:DGNX traded down $4.50 during trading on Monday, reaching $62.00. The stock had a trading volume of 56,215 shares, compared to its average volume of 210,163. Diginex has a one year low of $3.60 and a one year high of $155.00. The stock has a 50-day moving average of $58.66.
Shares of Diginex are scheduled to split before the market opens on Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly issued shares will be payable to shareholders after the closing bell on Thursday, July 31st.
Institutional Trading of Diginex
An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd purchased a new position in shares of Diginex Limited (NASDAQ:DGNX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 6,447 shares of the company's stock, valued at approximately $572,000.
Diginex Company Profile
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DSL is the wholly owned subsidiary of Diginex Limited. Accordingly, Diginex Limited owns 100% of DSL and all of DSL's business lines and subsidiaries. DSL is an impact technology business that helps organizations to address the some of the most pressing Environmental, Social and Governance (“ESG”), climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.
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