Diginex (NASDAQ:DGNX) Shares Gap Up – What’s Next?

Diginex Limited (NASDAQ:DGNX)’s share price gapped up prior to trading on Monday . The stock had previously closed at $20.89, but opened at $23.86. Diginex shares last traded at $22.88, with a volume of 443,458 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Diginex in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

Diginex Stock Performance

The firm’s 50 day simple moving average is $14.59 and its 200 day simple moving average is $11.18.

Institutional Trading of Diginex

A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd acquired a new stake in shares of Diginex Limited (NASDAQ:DGNX) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 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.