Diginex Limited’s Lock-Up Period Will End on July 21st (NASDAQ:DGNX)

Diginex’s (NASDAQ:DGNX) lock-up period will end on Monday, July 21st. Diginex had issued 2,250,000 shares in its IPO on January 22nd. The total size of the offering was $9,225,000 based on an initial share price of $4.10. After the end of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Diginex to a “hold” rating in a report on Saturday, June 14th.

Diginex Stock Performance

DGNX opened at $66.50 on Monday. The business has a 50 day moving average of $58.66. Diginex has a 1 year low of $3.60 and a 1 year high of $155.00.

Diginex’s stock is scheduled to split before the market opens on Friday, August 1st. The 8-1 split was announced on Monday, July 7th. The newly minted shares will be issued to shareholders after the market closes on Thursday, July 31st.

Institutional Trading of Diginex

An institutional investor recently bought a new position in Diginex stock. Y Intercept Hong Kong Ltd bought a new stake in Diginex Limited (NASDAQ:DGNX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,447 shares of the company’s stock, valued at approximately $572,000.

Diginex Company Profile

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.