Diginex (NASDAQ:DGNX) Trading Down 6% - Should You Sell?

Diginex Ltd (NASDAQ:DGNX - Get Free Report)'s share price was down 6% during mid-day trading on Monday . The company traded as low as $50.39 and last traded at $50.56. Approximately 26,690 shares were traded during trading, a decline of 90% from the average daily volume of 260,776 shares. The stock had previously closed at $53.81.

Diginex Trading Down 0.2%

The firm's 50-day moving average price is $85.60.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd bought a new stake in Diginex Ltd (NASDAQ:DGNX - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 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.