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Diginex (NASDAQ:DGNX) Shares Gap Up - What's Next?

Diginex logo with Business Services background
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Key Points

  • Diginex Limited's share price opened at $23.86 after gapping up from a previous close of $20.89, with the latest trading at $22.88 and a volume of 443,458 shares.
  • Weiss Ratings has reiterated a "sell (e+)" rating for Diginex, with the stock currently holding an average rating of "Sell" from Wall Street analysts.
  • A new institutional investor, Y Intercept Hong Kong Ltd, has acquired 6,447 shares of Diginex stock, valued at approximately $572,000, indicating increased institutional interest.
  • Interested in Diginex? Here are five stocks we like better.

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $20.89, but opened at $23.86. Diginex shares last traded at $22.88, with a volume of 443,458 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a "sell (e+)" rating on shares of Diginex in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of "Sell".

Read Our Latest Stock Report on DGNX

Diginex Price Performance

The business's fifty day moving average price is $14.59 and its two-hundred day moving average price is $11.18.

Hedge Funds Weigh In On Diginex

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd acquired a new stake in Diginex Limited (NASDAQ:DGNX - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 6,447 shares of the company's stock, valued at approximately $572,000.

Diginex Company Profile

(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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