Shares of Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.08 and traded as high as $4.39. Sify Technologies shares last traded at $4.20, with a volume of 38,855 shares trading hands.
Sify Technologies Price Performance
The firm has a market cap of $330.64 million, a P/E ratio of 114.25 and a beta of 1.06. 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 company's 50-day moving average is $4.60 and its two-hundred day moving average is $4.09.
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 bought a new position in Sify Technologies in the first quarter valued at approximately $44,000. XTX Topco Ltd acquired a new stake in shares of Sify Technologies in the 4th quarter valued at $32,000. SBI Securities Co. Ltd. acquired a new stake in shares of Sify Technologies in the 4th quarter valued at $124,000. CSS LLC IL bought a new position in shares of Sify Technologies in the 4th quarter valued at $135,000. Finally, Acadian Asset Management LLC raised its holdings 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 worth $838,000 after buying an additional 84,958 shares in the last quarter. 0.61% of the stock is currently owned by institutional investors and hedge funds.
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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