Free Trial

Sify Technologies (NASDAQ:SIFY) Shares Pass Above 200 Day Moving Average - Should You Sell?

Sify Technologies logo with Computer and Technology background

Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $3.91 and traded as high as $5.14. Sify Technologies shares last traded at $4.95, with a volume of 41,643 shares trading hands.

Sify Technologies Stock Performance

The company has a market capitalization of $156.48 million, a P/E ratio of 128.00, a P/E/G ratio of 26.80 and a beta of 1.00. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.95 and a current ratio of 1.08. The business's fifty day simple moving average is $4.47 and its 200-day simple moving average is $3.96.

Institutional Investors Weigh In On Sify Technologies

Several large investors have recently made changes to their positions in SIFY. SBI Securities Co. Ltd. bought a new position in Sify Technologies during the fourth quarter valued at approximately $124,000. XTX Topco Ltd purchased a new stake in shares of Sify Technologies during the 4th quarter worth approximately $32,000. CSS LLC IL bought a new stake in shares of Sify Technologies in the 4th quarter worth about $135,000. Virtu Financial LLC purchased a new stake in Sify Technologies during the first quarter valued at approximately $44,000. Finally, Acadian Asset Management LLC increased its position in 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 acquiring an additional 84,958 shares during 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.

Read More

Should You Invest $1,000 in Sify Technologies Right Now?

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

7 AI Stocks to Invest in Today: Capitalizing on AI and Tech Trends in 2025 Cover

Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines