Diginex (NASDAQ:DGNX) Director Sells $582,042.14 in Stock

Diginex Limited (NASDAQ:DGNX) Director Miles Pelham sold 398,659 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $1.46, for a total value of $582,042.14. Following the completion of the transaction, the director owned 333,048 shares of the company’s stock, valued at $486,250.08. The trade was a 54.48% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 stock was sold at an average price of $1.43, for a total value of $433,862.00.
• On Wednesday, September 16th, Miles Pelham sold 38,750 shares of Diginex stock. The stock was sold at an average price of $1.46, for a total value of $56,575.00.
• 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 stock was sold at an average price of $1.00, for a total transaction of $294,380.00.

Diginex Trading Up 5.4%

Shares of DGNX opened at $1.36 on Thursday. Diginex Limited has a 1-year low of $0.85 and a 1-year high of $318.84. The firm has a 50-day simple moving average of $1.39 and a two-hundred day simple moving average of $1.82.

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Wall Street Zen lowered Diginex from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 15th. Weiss Ratings raised Diginex from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, September 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About Diginex

Diginex Limited is a sustainability-focused technology company that provides software and data solutions to help organizations manage environmental, social and governance (ESG) requirements. Its platform is designed to support the collection, verification, analysis and reporting of sustainability information for companies, investors and other stakeholders.

The company’s offerings include ESG reporting and data-management tools, supply-chain due-diligence solutions, and technology intended to improve transparency around sustainability performance and regulatory compliance.