Shares of Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $9.84 and last traded at $9.82, with a volume of 209924 shares traded. The stock had previously closed at $9.43.
Sify Technologies Stock Performance
The firm has a market capitalization of $808.15 million, a P/E ratio of 279.25 and a beta of 0.99. 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 firm has a 50-day moving average price of $7.07 and a two-hundred day moving average price of $5.42.
Institutional Investors Weigh In On Sify Technologies
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CSS LLC IL bought a new stake in Sify Technologies during the 4th quarter valued at about $135,000. Virtu Financial LLC bought a new stake in Sify Technologies during the 1st quarter valued at about $44,000. Acadian Asset Management LLC lifted 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. XTX Topco Ltd bought a new stake in Sify Technologies during the 2nd quarter valued at about $50,000. Finally, Schroder Investment Management Group lifted its holdings 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 buying an additional 2,244 shares during the period. 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.
Featured 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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
