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

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

Analyst Ratings Changes

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

Diginex Stock Performance

The company has a 50-day simple moving average of $67.22.

Institutional Investors Weigh In On Diginex

An institutional investor recently bought a new position 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 disclosure with the Securities and Exchange Commission (SEC). The firm 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.