Diginex (NASDAQ:DGNX) Stock Price Down 7.5% - What's Next?

Diginex Limited (NASDAQ:DGNX - Get Free Report) fell 7.5% during mid-day trading on Friday . The company traded as low as $60.00 and last traded at $61.25. 7,725 shares traded hands during trading, a decline of 96% from the average session volume of 204,860 shares. The stock had previously closed at $66.25.

Analysts Set New Price Targets

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

Diginex Stock Performance

The company's 50 day moving average is $58.07.

Shares of Diginex are going to split on Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly issued shares will be distributed to shareholders after the market closes on Thursday, July 31st.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd purchased 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 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.