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Diginex (NASDAQ:DGNX) Stock Price Up 7.2% - Here's What Happened

Diginex logo with Business Services background

Diginex Limited (NASDAQ:DGNX - Get Free Report)'s stock price rose 7.2% during trading on Wednesday . The company traded as high as $64.81 and last traded at $63.52. Approximately 102,716 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 207,713 shares. The stock had previously closed at $59.24.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on Diginex

Diginex Stock Performance

The stock has a fifty day simple moving average of $57.86.

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

Institutional Investors 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 shares of Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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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