Diginex (NASDAQ:DGNX) Director Miles Christian Pelham Sells 38,750 Shares of Stock

Diginex Limited (NASDAQ:DGNX) Director Miles Pelham sold 38,750 shares of Diginex stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $1.46, for a total value of $56,575.00. Following the completion of the sale, the director directly owned 294,298 shares of the company’s stock, valued at approximately $429,675.08. This trade represents a 11.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Miles Christian Pelham also recently made the following trade(s):

• On Tuesday, September 22nd, Miles Pelham sold 294,298 shares of Diginex stock. The shares were sold at an average price of $1.43, for a total value of $420,846.14.
• On Tuesday, September 22nd, Miles Pelham sold 303,400 shares of Diginex stock. The shares were sold at an average price of $1.43, for a total transaction of $433,862.00.
• On Monday, September 14th, Miles Pelham sold 398,659 shares of Diginex stock. The stock was sold at an average price of $1.46, for a total transaction of $582,042.14.
• On Monday, August 17th, Miles Pelham sold 6,908,540 shares of Diginex stock. The shares were sold at an average price of $1.00, for a total transaction of $6,908,540.00.
• On Monday, August 17th, Miles Pelham sold 294,380 shares of Diginex stock. The shares were sold at an average price of $1.00, for a total transaction of $294,380.00.

Diginex Stock Performance

DGNX remained flat at $1.28 on Monday. 224,119 shares of the company traded hands, compared to its average volume of 1,131,928. The stock’s 50 day simple moving average is $1.40 and its 200 day simple moving average is $1.88. Diginex Limited has a 52 week low of $0.85 and a 52 week high of $318.84.

Diginex (NASDAQ:DGNX) last issued its earnings results on Thursday, August 13th. The company reported ($0.48) earnings per share (EPS) for the quarter. The business had revenue of $0.79 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DGNX shares. Weiss Ratings upgraded Diginex from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, September 21st. Wall Street Zen downgraded shares of Diginex from a “sell” rating to a “strong sell” rating in a report on Saturday, August 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Diginex Company Profile

Diginex Limited is a sustainability and environmental, social and governance (ESG) data company that develops technology to help organizations collect, manage, analyze and report nonfinancial information. Its solutions are designed to support companies with ESG disclosure, sustainability reporting, supply-chain due diligence and related regulatory requirements.

The company’s product portfolio includes digital tools for ESG reporting and data management, as well as solutions focused on supply-chain transparency, human-rights risk and climate-related information.