Sify Technologies Limited (NASDAQ:SIFY - Free Report) - Research analysts at Sidoti Csr cut their FY2026 EPS estimates for shares of Sify Technologies in a note issued to investors on Monday, July 21st. Sidoti Csr analyst G. Burns now forecasts that the technology company will post earnings of ($0.03) per share for the year, down from their previous forecast of ($0.02). The consensus estimate for Sify Technologies' current full-year earnings is $0.01 per share.
Sify Technologies Trading Down 4.3%
Sify Technologies stock traded down $0.25 during midday trading on Wednesday, reaching $5.60. The stock had a trading volume of 26,589 shares, compared to its average volume of 78,056. The stock's 50-day simple moving average is $4.88 and its 200 day simple moving average is $4.37. Sify Technologies has a twelve month low of $1.84 and a twelve month high of $5.95. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.96. The stock has a market capitalization of $405.16 million, a PE ratio of 140.00 and a beta of 1.03.
Hedge Funds Weigh In On Sify Technologies
Several hedge funds and other institutional investors have recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in Sify Technologies during the 1st quarter worth approximately $44,000. XTX Topco Ltd acquired a new stake in shares of Sify Technologies in the fourth quarter worth $32,000. CSS LLC IL purchased a new position in shares of Sify Technologies in the 4th quarter valued at $135,000. Finally, Acadian Asset Management LLC lifted its holdings in shares of Sify Technologies by 75.4% during the 1st quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company's stock valued at $838,000 after acquiring an additional 84,958 shares in the last quarter. 0.61% of the stock is owned by institutional investors and hedge funds.
Sify Technologies Company Profile
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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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