Diginex (NASDAQ:DGNX) Shares Gap Up - Still a Buy?

Key Points

• Diginex Limited's stock price gapped up from a previous close of $15.20 to open at $15.91 on Wednesday, before last trading at $15.53 with a volume of 140,033 shares.
• Wall Street Zen upgraded Diginex's shares to a "hold" rating as of June 14th, reflecting a more positive sentiment from analysts.
• Geode Capital Management LLC increased its stake in Diginex by 10.0% during the second quarter, owning approximately 0.08% of the company valued at about $994,000 as per recent SEC filings.

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $15.20, but opened at $15.91. Diginex shares last traded at $15.53, with a volume of 140,033 shares.

Analyst Upgrades and Downgrades

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

Diginex Stock Performance

The business's 50 day simple moving average is $8.81 and its 200 day simple moving average is $9.99.

Institutional Trading of Diginex

A hedge fund recently raised its stake in Diginex stock. Geode Capital Management LLC boosted its holdings in shares of Diginex Limited (NASDAQ:DGNX - Free Report) by 10.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,315 shares of the company's stock after buying an additional 1,748 shares during the period. Geode Capital Management LLC owned approximately 0.08% of Diginex worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

About Diginex

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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