Shares of Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.15 and traded as high as $4.88. Sify Technologies shares last traded at $4.77, with a volume of 8,074 shares changing hands.
Sify Technologies Price Performance
The firm has a market cap of $344.75 million, a P/E ratio of 119.13 and a beta of 1.03. The business's fifty day simple moving average is $4.66 and its 200-day simple moving average is $4.15. The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40.
Institutional Trading of Sify Technologies
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. CSS LLC IL purchased a new stake in shares of Sify Technologies in the 4th quarter valued at about $135,000. XTX Topco Ltd purchased a new position in Sify Technologies in the 4th quarter worth approximately $32,000. SBI Securities Co. Ltd. bought a new position in shares of Sify Technologies in the 4th quarter worth $124,000. Acadian Asset Management LLC raised its position in shares of 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. Finally, Virtu Financial LLC purchased a new stake in shares of Sify Technologies during the 1st quarter valued at $44,000. Institutional investors own 0.61% of the company's stock.
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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