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

Diginex Limited (NASDAQ:DGNX)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $12.12, but opened at $12.65. Diginex shares last traded at $11.34, with a volume of 623,283 shares trading hands.

Wall Street Analyst Weigh In

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

Diginex Trading Down 2.6%

The firm’s fifty day simple moving average is $16.69 and its two-hundred day simple moving average is $11.24.

Institutional Trading of Diginex

Institutional investors have recently made changes to their positions in the business. Y Intercept Hong Kong Ltd bought a new position in Diginex in the 1st quarter worth approximately $572,000. Baader Bank Aktiengesellschaft purchased a new position in shares of Diginex in the third quarter worth $230,000. NewEdge Advisors LLC purchased a new stake in Diginex in the 3rd quarter worth $38,000. Armistice Capital LLC bought a new position in shares of Diginex during the 3rd quarter valued at about $144,000. Finally, PharVision Advisers LLC bought a new position in shares of Diginex during the 3rd quarter valued at about $262,000.

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.