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

Diginex logo with Business Services background

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $66.50, but opened at $58.30. Diginex shares last traded at $58.03, with a volume of 22,573 shares traded.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on DGNX

Diginex Stock Up 0.6%

The firm's 50 day moving average price is $57.97.

Diginex's stock is set to split before the market opens on Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly minted shares will be distributed 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) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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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