
Diginex (NASDAQ:DGNX) Shares Gap Down - Should You Sell?

Diginex Limited (NASDAQ:DGNX) shares gapped down from $55.81 to $54.09 before opening on Monday, last trading at $57.12. Wall Street Zen upgraded the stock to a "hold" rating. A hedge fund recently acquired 6,447 shares valued at approximately $572,000. Diginex focuses on addressing ESG issues through technology. Despite the hold rating, analysts suggest there are better investment options available.
Diginex Limited (NASDAQ:DGNX - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $55.81, but opened at $54.09. Diginex shares last traded at $57.12, with a volume of 9,269 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded Diginex to a "hold" rating in a research note on Saturday, June 14th.
Get Our Latest Stock Report on DGNX
Diginex Stock Down 0.6%
The company has a 50-day moving average of $7.66.
Institutional Investors Weigh In On Diginex
A hedge fund recently bought a new stake in Diginex stock. Y Intercept Hong Kong Ltd bought a new position in Diginex Limited (NASDAQ:DGNX - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 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.
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