Weiss Ratings Reiterates "Sell (E+)" Rating for Diginex (NASDAQ:DGNX)

Key Points

• Weiss Ratings has reaffirmed a "Sell (E+)" rating for Diginex (NASDAQ:DGNX), indicating ongoing concerns about the stock's performance.
• Diginex shares have recently traded at $14.00, with notable fluctuations over the past year, reaching a high of $39.85 and a low of $0.45.
• Institutional investor Y Intercept Hong Kong Ltd has purchased a new stake in Diginex, acquiring 6,447 shares valued at approximately $572,000.

Diginex (NASDAQ:DGNX - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by research analysts at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

Diginex Stock Performance

Shares of NASDAQ:DGNX traded down $0.32 during mid-day trading on Friday, reaching $14.00. The stock had a trading volume of 511,072 shares, compared to its average volume of 1,036,545. The firm has a 50 day simple moving average of $13.67 and a two-hundred day simple moving average of $11.10. Diginex has a twelve month low of $0.45 and a twelve month high of $39.85.

Institutional Trading of Diginex

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd purchased a new stake in Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 6,447 shares of the company's stock, valued at approximately $572,000.

Diginex Company Profile

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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