Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $6.99 and last traded at $6.98, with a volume of 53300 shares. The stock had previously closed at $6.49.
Sify Technologies Stock Down 1.4%
The company's fifty day moving average is $5.03 and its 200-day moving average is $4.52. The company has a market capitalization of $474.98 million, a PE ratio of 164.13 and a beta of 0.92. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.96.
Institutional Investors Weigh In On Sify Technologies
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd purchased a new stake in Sify Technologies during the 4th quarter valued at approximately $32,000. CSS LLC IL purchased a new stake in Sify Technologies during the 4th quarter valued at approximately $135,000. Virtu Financial LLC purchased a new stake in Sify Technologies during the 1st quarter valued at approximately $44,000. Finally, Acadian Asset Management LLC grew its holdings 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 valued at $838,000 after buying an additional 84,958 shares in the last quarter. 0.61% of the stock is owned by hedge funds and other institutional investors.
Sify Technologies Company Profile
(
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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