Sify Technologies Limited (
NASDAQ:SIFY -
Get Free Report) hit a new 52-week high on Friday . The company traded as high as $12.58 and last traded at $12.39, with a volume of 71775 shares changing hands. The stock had previously closed at $11.85.
Sify Technologies Trading Up 9.0%
The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The stock has a 50-day simple moving average of $9.06 and a two-hundred day simple moving average of $6.11. The firm has a market capitalization of $934.33 million, a P/E ratio of 321.68 and a beta of 0.99.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in SIFY. Acadian Asset Management LLC raised its position in shares of Sify Technologies by 75.4% in the 1st quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company's stock worth $838,000 after acquiring an additional 84,958 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Sify Technologies in the 2nd quarter worth $50,000. Virtu Financial LLC bought a new position in shares of Sify Technologies in the 1st quarter worth $44,000. Finally, Schroder Investment Management Group raised its position in shares of Sify Technologies by 5.6% in the 2nd quarter. Schroder Investment Management Group now owns 42,337 shares of the technology company's stock worth $194,000 after acquiring an additional 2,244 shares in the last quarter. 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.
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