Diginex (NASDAQ:DGNX) Announces Quarterly Earnings Results

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

Diginex Stock Performance

Shares of DGNX traded down $0.20 during mid-day trading on Friday, reaching $1.32. 2,587,314 shares of the company’s stock traded hands, compared to its average volume of 1,281,776. The business’s 50-day moving average price is $1.22 and its 200-day moving average price is $3.10. Diginex has a 12 month low of $0.85 and a 12 month high of $318.84.

Analysts Set New Price Targets

Separately, Weiss Ratings downgraded Diginex from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

Institutional Trading of Diginex

Several large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its position in Diginex by 10.0% during the 2nd quarter. Geode Capital Management LLC now owns 19,315 shares of the company’s stock worth $994,000 after acquiring an additional 1,748 shares during the period. UBS Group AG grew its stake in shares of Diginex by 562.8% in the third quarter. UBS Group AG now owns 46,141 shares of the company’s stock worth $664,000 after purchasing an additional 39,179 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Diginex by 625.0% during the third quarter. Bank of America Corp DE now owns 2,900 shares of the company’s stock valued at $42,000 after purchasing an additional 2,500 shares during the period. Quarry LP acquired a new position in shares of Diginex during the third quarter valued at $44,000. Finally, PharVision Advisers LLC bought a new stake in shares of Diginex during the third quarter valued at about $262,000.

About Diginex

Diginex Limited (NASDAQ: DGNX) is a digital asset financial services and solutions provider catering to institutional clients and professional investors. The company offers end-to-end trading, custody, banking and advisory services across a range of digital assets. Through its proprietary platform, Diginex delivers secure and compliant market access, enabling clients to trade, hold and transact cryptocurrencies and tokenized assets with institutional-grade infrastructures.

Key offerings include the EQUOS digital asset exchange, which provides spot and derivatives trading, as well as a suite of custody and settlement solutions designed to meet stringent regulatory requirements.