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Rhumbline Advisers Sells 121,407 Shares of Sify Technologies Limited (NASDAQ:SIFY)

Sify Technologies logo with Computer and Technology background
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Rhumbline Advisers lowered its stake in shares of Sify Technologies Limited (NASDAQ:SIFY - Free Report) by 80.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 29,685 shares of the technology company's stock after selling 121,407 shares during the quarter. Rhumbline Advisers owned 0.10% of Sify Technologies worth $85,000 at the end of the most recent quarter.

Sify Technologies Trading Up 3.5 %

Shares of NASDAQ:SIFY traded up $0.16 during trading hours on Tuesday, hitting $4.67. 83,231 shares of the company's stock traded hands, compared to its average volume of 123,129. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.95. The business has a fifty day moving average price of $3.77 and a 200-day moving average price of $3.25. Sify Technologies Limited has a 1 year low of $1.82 and a 1 year high of $10.14. The firm has a market capitalization of $142.72 million, a P/E ratio of 116.75, a price-to-earnings-growth ratio of 26.80 and a beta of 1.38.

Sify Technologies (NASDAQ:SIFY - Get Free Report) last announced its quarterly earnings data on Friday, January 17th. The technology company reported ($999.00) EPS for the quarter. Sify Technologies had a negative net margin of 0.69% and a negative return on equity of 2.85%. Equities analysts expect that Sify Technologies Limited will post 0.01 earnings per share for the current year.

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About Sify Technologies

(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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Institutional Ownership by Quarter for Sify Technologies (NASDAQ:SIFY)

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