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Diginex (NASDAQ:DGNX) Hits New 52-Week High - Here's Why

Diginex logo with Business Services background

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.
  • Five stocks we like better than Diginex.

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

Analyst Ratings Changes

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

Check Out Our Latest Analysis on DGNX

Diginex Stock Up 6.8%

The firm's fifty day moving average price is $8.04 and its 200 day moving average price is $9.76.

Institutional Investors Weigh In On Diginex

A hedge fund recently raised its stake in Diginex stock. Geode Capital Management LLC increased its holdings in shares of Diginex Limited (NASDAQ:DGNX - Free Report) by 10.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,315 shares of the company's stock after buying an additional 1,748 shares during the period. Geode Capital Management LLC owned about 0.08% of Diginex worth $994,000 at the end of the most recent quarter.

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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