Sify Technologies Limited (NASDAQ:SIFY - Free Report) - Equities researchers at Sidoti Csr cut their FY2026 earnings per share estimates for Sify Technologies in a research note issued to investors on Monday, July 21st. Sidoti Csr analyst G. Burns now anticipates that the technology company will post earnings per share of ($0.03) for the year, down from their previous estimate of ($0.02). The consensus estimate for Sify Technologies' current full-year earnings is $0.01 per share.
Sify Technologies Stock Performance
SIFY stock traded down $0.05 during trading on Wednesday, reaching $5.55. The company had a trading volume of 28,793 shares, compared to its average volume of 71,307. The firm has a 50-day simple moving average of $4.90 and a 200-day simple moving average of $4.38. The company has a market cap of $401.54 million, a price-to-earnings ratio of 138.75 and a beta of 1.03. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.96. Sify Technologies has a twelve month low of $1.84 and a twelve month high of $5.95.
Hedge Funds Weigh In On Sify Technologies
Institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC boosted its stake in Sify Technologies by 75.4% during the 1st quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company's stock worth $838,000 after purchasing an additional 84,958 shares during the last quarter. Virtu Financial LLC acquired a new stake in Sify Technologies during the 1st quarter worth $44,000. CSS LLC IL acquired a new stake in Sify Technologies during the 4th quarter worth $135,000. Finally, XTX Topco Ltd acquired a new stake in Sify Technologies during the 4th quarter worth $32,000. 0.61% of the stock is owned by hedge funds and other institutional investors.
About Sify Technologies
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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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