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Diginex (NASDAQ:DGNX) Shares Up 13.8% - Here's Why

Diginex logo with Business Services background

Shares of Diginex Limited (NASDAQ:DGNX - Get Free Report) shot up 13.8% during mid-day trading on Tuesday . The stock traded as high as $56.00 and last traded at $53.85. 32,546 shares were traded during trading, a decline of 85% from the average session volume of 215,048 shares. The stock had previously closed at $47.31.

Wall Street Analysts Forecast Growth

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

Get Our Latest Research Report on Diginex

Diginex Price Performance

The business's fifty day simple moving average is $61.14.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd acquired a new stake in shares of Diginex Limited (NASDAQ:DGNX - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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