Shares of Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.79 and traded as high as $3.14. Sify Technologies shares last traded at $3.05, with a volume of 30,550 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com raised Sify Technologies from a "sell" rating to a "hold" rating in a research note on Monday, October 28th.
View Our Latest Stock Analysis on SIFY
Sify Technologies Stock Performance
The firm has a fifty day moving average price of $3.17 and a 200 day moving average price of $2.79. The firm has a market capitalization of $95.66 million, a PE ratio of 78.25, a P/E/G ratio of 16.10 and a beta of 1.48. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.03 and a quick ratio of 0.89.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Sify Technologies stock. XTX Topco Ltd raised its holdings in shares of Sify Technologies Limited (NASDAQ:SIFY - Free Report) by 226.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,358 shares of the technology company's stock after acquiring 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. Hedge funds and other institutional investors own 0.61% of the company's stock.
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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