Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) traded up 5.5% during trading on Friday . The company traded as high as $3.48 and last traded at $3.46. 12,995 shares traded hands during trading, a decline of 96% from the average session volume of 294,406 shares. The stock had previously closed at $3.28.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Sify Technologies from a "hold" rating to a "sell" rating in a research note on Sunday, October 20th.
Check Out Our Latest Stock Report on SIFY
Sify Technologies Stock Up 4.3 %
The firm has a 50-day moving average of $2.63 and a two-hundred day moving average of $4.09. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.89 and a current ratio of 1.03.
Institutional Trading of Sify Technologies
A hedge fund recently raised its stake in Sify Technologies stock. XTX Topco Ltd increased its position in shares of Sify Technologies Limited (NASDAQ:SIFY - Free Report) by 226.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55,358 shares of the technology company's stock after buying an additional 38,413 shares during the quarter. XTX Topco Ltd's holdings in Sify Technologies were worth $25,000 at the end of the most recent quarter. 0.61% of the stock is owned by institutional investors and hedge funds.
About Sify Technologies
(
Get Free Report)
Sify Technologies Limited offers ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol, multi-protocol label switching, virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, dedicated internet access, and proactive monitoring and management of the network and devices.
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