Shares of Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.54 and traded as high as $4.00. Sify Technologies shares last traded at $3.88, with a volume of 87,073 shares changing hands.
Sify Technologies Stock Performance
The stock has a market capitalization of $125.46 million, a price-to-earnings ratio of 103.13, a P/E/G ratio of 26.80 and a beta of 1.29. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.95 and a current ratio of 1.08. The stock has a fifty day simple moving average of $4.43 and a two-hundred day simple moving average of $3.58.
Sify Technologies (NASDAQ:SIFY - Get Free Report) last posted its quarterly 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%. Analysts forecast that Sify Technologies Limited will post 0.01 earnings per share for the current fiscal year.
Institutional Trading of Sify Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SIFY. CSS LLC IL bought a new stake in shares of Sify Technologies during the fourth quarter valued at approximately $135,000. XTX Topco Ltd bought a new stake in Sify Technologies during the 4th quarter valued at $32,000. Finally, SBI Securities Co. Ltd. bought a new position in shares of Sify Technologies in the fourth quarter valued at $124,000. 0.61% of the stock is owned by institutional investors.
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.
Further Reading
Before you consider Sify Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sify Technologies wasn't on the list.
While Sify Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
