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1 Comment
DigitalX Limited is currently in a long term downtrend where the price is trading 25.6% below its 200 day moving average.
From a valuation standpoint, the stock is 495.5% more expensive than other stocks from the Technology sector with a price to sales ratio of 81.3.
DigitalX Limited's total revenue sank by 0.0% to $97K since the same quarter in the previous year.
Its net income has dropped by 0.0% to $-2M since the same quarter in the previous year.
Finally, its free cash flow grew by 47.8% to $-375K since the same quarter in the previous year.
Based on the above factors, DigitalX Limited gets an overall score of 1/5.
Sector | Technology |
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Industry | Software-Infrastructure |
ISIN | AU000000DCC9 |
CurrencyCode | EUR |
Exchange | F |
Dividend Yield | 0.0% |
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Market Cap | 19M |
Beta | 3.56 |
Target Price | None |
PE Ratio | None |
DigitalX Limited provides blockchain product development and digital asset funds management services in Australia. It operates through Product Development and Asset Management segments. The Blockchain Consulting segment offers consulting, technical due diligence, and design and development solutions to businesses. This segment also develops blockchain, RegTech, and FinTech products. The Asset Management segment operates digital assets portfolio under the DigitalX Fund and DigitalX BTC Fund for high net worth and institutional investors. Its products include Drawbridge, a regtech solution that supports listed companies to manage their compliance and corporate governance policies; and Sell My Shares, an online share sales solution. The company was formerly known as Digital CC Limited and changed its name to DigitalX Limited in December 2015. DigitalX Limited was incorporated in 1988 and is headquartered in West Perth, Australia.
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