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

Shares of Diginex Limited (NASDAQ:DGNX - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $54.50, but opened at $56.79. Diginex shares last traded at $56.01, with a volume of 23,754 shares.

Analyst Ratings Changes

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

Diginex Stock Up 5.5%

The company has a fifty day moving average price of $58.66.

Diginex shares are going to split on the morning of Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly minted shares will be payable to shareholders after the closing bell on Thursday, July 31st.

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 position in shares of Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,447 shares of the company's stock, valued at approximately $572,000.

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.