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Diginex Limited's Lock-Up Period Set To Expire on July 21st (NASDAQ:DGNX)

Diginex logo with Business Services background

Diginex's (NASDAQ:DGNX - Get Free Report) lock-up period will expire on Monday, July 21st. Diginex had issued 2,250,000 shares in its public offering on January 22nd. The total size of the offering was $9,225,000 based on an initial share price of $4.10. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Diginex to a "hold" rating in a research report on Saturday, June 14th.

Read Our Latest Report on DGNX

Diginex Trading Up 0.6%

Shares of Diginex stock traded up $0.39 on Thursday, reaching $66.25. 33,151 shares of the company were exchanged, compared to its average volume of 40,193. The stock has a 50-day moving average price of $58.14. Diginex has a 1-year low of $3.60 and a 1-year high of $155.00.

Shares of Diginex are set 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 distributed to shareholders after the market closes on Thursday, July 31st.

Institutional Trading of Diginex

A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd bought a new stake in Diginex Limited (NASDAQ:DGNX - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,447 shares of the company's stock, valued at approximately $572,000.

About Diginex

(Get Free Report)

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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