Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Diginex Ltd (NASDAQ: DGNX) closed the day trading at $11.8 down -2.64% from the previous closing price of $12.12. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 1.1 million shares were traded. DGNX stock price reached its highest trading level at $12.7 during the session, while it also had its lowest trading level at $10.88.
Ratios:
For a better understanding of DGNX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.79 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.02.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DGNX now has a Market Capitalization of 2395463424 and an Enterprise Value of 1486520576. For the stock, the TTM Price-to-Sale (P/S) ratio is 1426.96 while its Price-to-Book (P/B) ratio in mrq is 580.71. Its current Enterprise Value per Revenue stands at 728.472.
Stock Price History:
Over the past 52 weeks, DGNX has reached a high of $39.85, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is -29.42%, while the 200-Day Moving Average is calculated to be 97.64%.
Shares Statistics:
Over the past 3-months, DGNX traded about 835.40K shares per day on average, while over the past 10 days, DGNX traded about 1195420 shares per day. A total of 183.95M shares are outstanding, with a floating share count of 47.99M. Insiders hold about 76.24% of the company’s shares, while institutions hold 0.20% stake in the company. Shares short for DGNX as of 1761868800 were 364951 with a Short Ratio of 0.44, compared to 1759190400 on 309637. Therefore, it implies a Short% of Shares Outstanding of 364951 and a Short% of Float of 0.34999999.
