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Sify Technologies (NASDAQ:SIFY) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Sify Technologies logo with Computer and Technology background

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 $3.60 and traded as high as $4.35. Sify Technologies shares last traded at $4.21, with a volume of 43,993 shares.

Sify Technologies Stock Up 2.5 %

The business has a 50-day moving average price of $4.45 and a 200 day moving average price of $3.65. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $126.53 million, a P/E ratio of 103.50, a P/E/G ratio of 26.80 and a beta of 1.29.

Hedge Funds Weigh In On Sify Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. CSS LLC IL bought a new stake in Sify Technologies during the fourth quarter worth approximately $135,000. XTX Topco Ltd bought a new position in shares of Sify Technologies during the 4th quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Sify Technologies during the 4th quarter valued at $124,000. 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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