Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.85 and traded as high as $3.08. Sify Technologies shares last traded at $3.08, with a volume of 52,218 shares trading hands.
Analyst Ratings Changes
Separately, StockNews.com upgraded Sify Technologies from a "sell" rating to a "hold" rating in a report on Monday, October 28th.
Read Our Latest Stock Analysis on SIFY
Sify Technologies Price Performance
The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The firm's 50 day moving average price is $3.14 and its two-hundred day moving average price is $2.85.
Sify Technologies (NASDAQ:SIFY - Get Free Report) last posted its earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share (EPS) for the quarter. Sify Technologies had a negative return on equity of 2.85% and a negative net margin of 0.69%. As a group, equities analysts forecast that Sify Technologies Limited will post 0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Sify Technologies stock. XTX Topco Ltd increased its stake in shares of Sify Technologies Limited (NASDAQ:SIFY - Free Report) by 226.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 55,358 shares of the technology company's stock after purchasing an additional 38,413 shares during the period. XTX Topco Ltd's holdings in Sify Technologies were worth $25,000 at the end of the most recent reporting period. 0.61% of the stock is owned by hedge funds and other institutional investors.
Sify Technologies Company Profile
(
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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