Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $11.57 and last traded at $11.19, with a volume of 2449 shares changing hands. The stock had previously closed at $11.17.
Sify Technologies Stock Down 0.3%
The business's 50 day moving average price is $7.78 and its 200-day moving average price is $5.65. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.96 and a quick ratio of 0.82. The company has a market cap of $844.32 million, a P/E ratio of 291.75 and a beta of 0.99.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SIFY. CSS LLC IL bought a new position in Sify Technologies in the 4th quarter worth approximately $135,000. Virtu Financial LLC bought a new stake in shares of Sify Technologies during the 1st quarter valued at $44,000. Acadian Asset Management LLC raised its position 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 during the last quarter. XTX Topco Ltd bought a new stake in shares of Sify Technologies during the 2nd quarter valued at $50,000. Finally, Schroder Investment Management Group raised its position in shares of Sify Technologies by 5.6% during the 2nd quarter. Schroder Investment Management Group now owns 42,337 shares of the technology company's stock valued at $194,000 after acquiring an additional 2,244 shares during the last quarter. 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.
Recommended Stories
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 Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.