Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $13.27 and traded as high as $14.99. Sify Technologies shares last traded at $14.64, with a volume of 26,905 shares trading hands.
Sify Technologies Price Performance
The stock's 50-day moving average price is $14.25 and its 200 day moving average price is $13.27. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 1.55.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Baader Bank Aktiengesellschaft acquired a new stake in shares of Sify Technologies during the third quarter worth approximately $137,000. XTX Topco Ltd bought a new position in shares of Sify Technologies during the second quarter worth $50,000. Renaissance Technologies LLC boosted its position in shares of Sify Technologies by 22.2% during the fourth quarter. Renaissance Technologies LLC now owns 19,800 shares of the technology company's stock worth $241,000 after purchasing an additional 3,600 shares in the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Sify Technologies during the third quarter worth $273,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of Sify Technologies during the fourth quarter worth $400,000. Institutional investors and hedge funds own 0.61% of the company's stock.
Sify Technologies Company Profile
(
Get Free Report)
Sify Technologies Limited is an India‐based provider of integrated information and communications technology solutions, catering primarily to enterprise and government clients. The company's core offerings include network services, data center hosting, cloud computing, managed security, unified communications, and digital transformation solutions. Sify's end-to-end portfolio is designed to support critical IT infrastructure, enabling clients to scale operations, improve reliability, and accelerate technology adoption.
In the networking domain, Sify operates a nationwide IP‐MPLS backbone with extensive fiber infrastructure and a global internet peering footprint.
Further Reading
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