Diginex (NASDAQ:DGNX) Issues Quarterly Earnings Results

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

Diginex Stock Performance

NASDAQ DGNX traded down $0.20 during trading on Friday, hitting $1.32. The company’s stock had a trading volume of 2,596,094 shares, compared to its average volume of 1,503,913. Diginex has a 52 week low of $0.85 and a 52 week high of $318.84. The firm has a 50 day moving average price of $1.23 and a 200 day moving average price of $3.09.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DGNX. Weiss Ratings lowered Diginex from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, June 2nd. Wall Street Zen cut Diginex from a “sell” rating to a “strong sell” rating in a research report on Saturday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Diginex has a consensus rating of “Sell”.

Hedge Funds Weigh In On Diginex

Several large investors have recently bought and sold shares of the stock. Millennium Management LLC bought a new stake in Diginex in the 4th quarter valued at $345,000. Jane Street Group LLC acquired a new position in shares of Diginex during the fourth quarter valued at about $253,000. UBS Group AG raised its position in shares of Diginex by 562.8% during the third quarter. UBS Group AG now owns 46,141 shares of the company’s stock valued at $664,000 after buying an additional 39,179 shares during the last quarter. Engineers Gate Manager LP bought a new stake in shares of Diginex in the fourth quarter valued at about $91,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Diginex during the fourth quarter worth about $86,000.

Diginex Company Profile

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.