Diginex Stock to Split on Monday, September 8th (NASDAQ:DGNX)

Key Points

• Diginex Limited is set to perform a 7-for-1 stock split on Monday, September 8th, with new shares issued to shareholders after market close on September 5th.
• The company has seen its stock price fluctuate significantly over the past year, with a 52-week range between $3.60 and $155.00.
• A hedge fund, Y Intercept Hong Kong Ltd, recently acquired a new stake in Diginex, purchasing 6,447 shares valued at approximately $572,000.

Diginex Limited (NASDAQ:DGNX - Free Report)'s stock is scheduled to split on Monday, September 8th. The 7-1 split was announced on Monday, August 18th. The newly issued shares will be payable to shareholders after the market closes on Friday, September 5th.

Diginex Stock Up 1.6%

DGNX opened at $57.89 on Friday. Diginex has a 52 week low of $3.60 and a 52 week high of $155.00. The business's fifty day simple moving average is $52.66 and its 200 day simple moving average is $66.78.

Analysts Set New Price Targets

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

Institutional Trading of Diginex

A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd purchased a new position in Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. 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.

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