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Diginex (NASDAQ:DGNX) Shares Gap Down - Here's Why

Diginex logo with Business Services background

Diginex Ltd (NASDAQ:DGNX - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $56.97, but opened at $53.00. Diginex shares last traded at $52.20, with a volume of 2,067 shares changing hands.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on DGNX

Diginex Trading Down 4.9%

The company's 50 day moving average is $79.96.

Hedge Funds Weigh In On Diginex

A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd purchased a new stake in shares of Diginex Ltd (NASDAQ:DGNX - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,447 shares of the company's stock, valued at approximately $572,000.

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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