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Diginex (NASDAQ:DGNX) Shares Down 4.7% - Time to Sell?

Diginex logo with Business Services background

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s stock price dropped 4.7% during mid-day trading on Friday . The company traded as low as $60.00 and last traded at $60.03. Approximately 9,836 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 211,024 shares. The stock had previously closed at $63.02.

Analysts Set New Price Targets

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

Read Our Latest Report on DGNX

Diginex Price Performance

The firm's fifty day moving average price is $59.13.

Diginex's stock is going to split on the morning of Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly created shares will be issued to shareholders after the market closes on Thursday, July 31st.

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 position in shares of Diginex Limited (NASDAQ:DGNX - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,447 shares of the company's stock, valued at approximately $572,000.

Diginex Company Profile

(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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