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.
The closing price of Diginex Ltd (NASDAQ: DGNX) was $4.17 for the day, down -8.15% from the previous closing price of $4.54. In other words, the price has decreased by -$8.15 from its previous closing price. On the day, 0.58 million shares were traded. DGNX stock price reached its highest trading level at $4.68 during the session, while it also had its lowest trading level at $4.06.
Ratios:
Our analysis of DGNX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.56 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 846532416 and an Enterprise Value of 840510656. For the stock, the TTM Price-to-Sale (P/S) ratio is 288.40 while its Price-to-Book (P/B) ratio in mrq is 94.39. Its current Enterprise Value per Revenue stands at 235.753 whereas that against EBITDA is -87.696.
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 -64.91%, while the 200-Day Moving Average is calculated to be -39.36%.
Shares Statistics:
DGNX traded an average of 906.07K shares per day over the past three months and 484970 shares per day over the past ten days. A total of 201.95M 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 1765756800 were 360550 with a Short Ratio of 0.40, compared to 1763078400 on 531526. Therefore, it implies a Short% of Shares Outstanding of 360550 and a Short% of Float of 0.33999999999999997.
