Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.81 and traded as high as $2.97. Sify Technologies shares last traded at $2.95, with a volume of 41,944 shares.
Analyst Ratings Changes
Separately, StockNews.com raised Sify Technologies from a "sell" rating to a "hold" rating in a report on Monday, October 28th.
View Our Latest Stock Analysis on SIFY
Sify Technologies Stock Up 10.2 %
The firm has a market cap of $99.33 million, a price-to-earnings ratio of 81.25, a PEG ratio of 16.10 and a beta of 1.48. The business's 50-day moving average is $3.14 and its 200-day moving average is $2.81. 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
An institutional investor recently raised its position 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 the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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 as of its most recent SEC filing. Institutional investors and hedge funds 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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