Diginex (NASDAQ:DGNX) Shares Down 6.1% - Should You Sell?

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s share price fell 6.1% during trading on Thursday . The stock traded as low as $46.54 and last traded at $47.50. 6,098 shares traded hands during trading, a decline of 97% from the average session volume of 227,220 shares. The stock had previously closed at $50.59.

Analysts Set New Price Targets

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

Diginex Trading Down 6.0%

The company's 50 day simple moving average is $68.50.

Hedge Funds Weigh In On 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) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,447 shares of the company's stock, valued at approximately $572,000.

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.