Diginex (NASDAQ:DGNX) Earns Sell (E+) Rating from Weiss Ratings

Key Points

• Diginex (NASDAQ:DGNX) has received a **"sell (e+)" rating** reaffirmed by Weiss Ratings, while Wall Street Zen recently upgraded it to a **"hold" rating**.
• The stock experienced a **28.1% increase** in trading, reaching $30.99, with significant trading volume surpassing its average.
• An institutional investor, Y Intercept Hong Kong Ltd, has purchased **6,447 shares** of Diginex stock, valued at approximately **$572,000**.

Diginex (NASDAQ:DGNX - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen upgraded Diginex to a "hold" rating in a research report on Saturday, June 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of "Sell".

Diginex Trading Up 28.1%

NASDAQ:DGNX traded up $6.79 during midday trading on Wednesday, reaching $30.99. The company had a trading volume of 1,831,265 shares, compared to its average volume of 731,917. Diginex has a 12-month low of $0.45 and a 12-month high of $31.66. The stock's fifty day simple moving average is $10.84 and its 200-day simple moving average is $10.67.

Hedge Funds Weigh In On Diginex

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd purchased a new stake in shares of Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 6,447 shares of the company's stock, valued at approximately $572,000.

About Diginex

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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