Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $12.45 and last traded at $12.36, with a volume of 87374 shares traded. The stock had previously closed at $12.16.
Sify Technologies Stock Performance
The company has a quick ratio of 0.82, a current ratio of 0.96 and a debt-to-equity ratio of 1.40. The business has a fifty day simple moving average of $8.52 and a 200-day simple moving average of $5.92. The firm has a market cap of $860.97 million, a P/E ratio of 297.50 and a beta of 0.98.
Hedge Funds Weigh In On Sify Technologies
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in shares of Sify Technologies in the first quarter valued at $44,000. XTX Topco Ltd acquired a new position in Sify Technologies in the second quarter valued at $50,000. Schroder Investment Management Group increased its position in shares of Sify Technologies by 5.6% during the second 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 during the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Sify Technologies by 75.4% during the first quarter. Acadian Asset Management LLC now owns 197,563 shares of the technology company's stock valued at $838,000 after purchasing an additional 84,958 shares during the last quarter. Hedge funds and other 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.
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