Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.39 and traded as high as $4.55. Sify Technologies shares last traded at $4.48, with a volume of 16,703 shares changing hands.
Sify Technologies Stock Down 8.2 %
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 company has a market capitalization of $134.17 million, a price-to-earnings ratio of 109.75, a PEG ratio of 26.80 and a beta of 1.38. The firm has a 50-day moving average price of $4.18 and a two-hundred day moving average price of $3.43.
Sify Technologies (NASDAQ:SIFY - Get Free Report) last released its quarterly earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share 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, sell-side analysts anticipate that Sify Technologies Limited will post 0.01 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. CSS LLC IL acquired a new position in shares of Sify Technologies during the 4th quarter worth about $135,000. XTX Topco Ltd acquired a new position in Sify Technologies during the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Sify Technologies during the 4th quarter worth approximately $124,000. 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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