How to Buy Diginex Stock
Diginex Ltd
Diginex Limited, through its subsidiaries, engages in the provision of environmental, social, and governance (ESG) reporting solution services, advisory services, and developing customization solutions in Hong Kong, the United Kingdom, and the United States.
Diginex stock last closed at $52.90, down 5.33% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Software - Application industry by N/A percentage points. Diginex stock is currently +1,369.44% from its 52-week low of $3.60, and -65.87% from its 52-week high of $155.00.
At the moment, there are 22.99M shares of DGNX outstanding. The market cap of DGNX is $1.22B. In the past 24 hours, 54,000 DGNX shares were traded.
How to Buy Diginex Stock
Wondering how to invest in Diginex stock? Here's how.
- Decide where to buy Diginex stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Diginex stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your payment method and add your details.
- Evaluate Diginex stock: The Diginex ticker symbol is DGNX. Is Diginex stock a good investment? Should you buy shares of DGNX? How do DGNX's underlying business fundamentals look? Do top analysts think Diginex is a good buy? Why has DGNX's stock price moved recently? (Hint: Our stock market research tools can help you figure out if DGNX is a good stock to buy).
- Make your DGNX purchase: Decide if you will purchase DGNX shares at the current market price or use a limit order to purchase DGNX shares at a specific price.
- Track your DGNX investment: Create a watchlist to the latest updates on your investment in Diginex shares.
Step 1: Decide where to buy Diginex stock
You will need a brokerage account in order to access the NASDAQ market and buy DGNX shares.
Our favorite brokerage: eToro
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you are able to invest in DGNX today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock buying app, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Diginex stock
Once you have chosen the best place to buy Diginex stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and upside.
Diginex stock data
DGNX Due Diligence Score
WallStreetZen was built to help average investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on DGNX's stock page.
What is the fair value of DGNX stock?
Analysts use many financial metrics, analyses, models, and charts to gauge DGNX's true value.
Using relative valuations methods:
- DGNX may be overvalued based on its P/B ratio of 266.87x, relative to Software - Application industry P/B ratio of 7.11x
You can do additional valuation research on DGNX's stock here.
A look at DGNX Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the DGNX balance sheet.
- DGNX has a low debt to equity ratio of 0.37.
- There are more short-term assets than short-term liabilities on the DGNX balance sheet.
Negative Health Checks:
- DGNX has $3.51M in cash and short term investments. This is not sufficient to cover its annual cash burn of $7.67M.
- DGNX has cash burn of 7671255. It does not have enough cash and short-term investments to cover this.
- DGNX profit margin has gone up by 1.19 percentage points in the past year, but the company is still unprofitable.
DGNX Technicals
How are DGNX Revenues/Earnings doing?
Last year, DGNX revenue was $2.04M. In the past 2 year, DGNX's revenue has gone up by 12.03% per year. This was slower than the Software - Application industry average of 22.66%.
You can analyze DGNX's earnings and revenue performance here.
Who is buying/selling DGNX?
In the last 12 months, insiders at DGNX have not bought or sold any shares.
Learn more about who owns DGNX shares here.
Can I get consistent income from DGNX stock?
No, Diginex doesn't provide an income stream by paying out dividends.
DGNX Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your DGNX purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will execute your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Track your DGNX investment
Now that you own some shares in DGNX, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your DGNX stock.
DGNX Feed
How to Buy Stock in Diginex
To summarize, here are the 6 steps you need to take to buy Diginex stock right now:
- Decide where to buy Diginex stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Evaluate Diginex stock
- Make your DGNX purchase
- Track your DGNX investment
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Diginex, click below.
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