Diginex (NASDAQ:DGNX) Reaches New 1-Year High - What's Next?

Key Points

• Diginex Limited's share price reached a new 52-week high of $65.19, a significant increase from its previous close of $9.31.
• Wall Street Zen upgraded Diginex to a "hold" rating, reflecting a cautious outlook on the stock's performance.
• Institutional investor Y Intercept Hong Kong Ltd purchased 6,447 shares of Diginex valued at approximately $572,000 in the first quarter.

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s share price reached a new 52-week high on Monday . The stock traded as high as $65.19 and last traded at $65.19, with a volume of 1344 shares changing hands. The stock had previously closed at $9.31.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Diginex to a "hold" rating in a report on Saturday, June 14th.

Diginex Trading Up 6.8%

The company's fifty day moving average is $8.10 and its 200 day moving average is $9.78.

Institutional Investors Weigh In On Diginex

An institutional investor recently raised its position in Diginex stock. Geode Capital Management LLC boosted its position in Diginex Limited (NASDAQ:DGNX - Free Report) by 10.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,315 shares of the company's stock after acquiring an additional 1,748 shares during the period. Geode Capital Management LLC owned 0.08% of Diginex worth $994,000 at the end of the most recent reporting period.

Diginex Company Profile

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.