Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s share price 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.
Sify Technologies Stock Up 1.4%
The company has a 50-day moving average of $4.58 and a two-hundred day moving average of $4.08. 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 has a market capitalization of $308.21 million, a PE ratio of 106.50 and a beta of 1.06.
Institutional Investors Weigh In On Sify Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CSS LLC IL bought a new position in shares of Sify Technologies in the fourth quarter worth about $135,000. XTX Topco Ltd bought a new position in Sify Technologies in the 4th quarter worth approximately $32,000. SBI Securities Co. Ltd. bought a new position in Sify Technologies in the 4th quarter worth approximately $124,000. Acadian Asset Management LLC raised its position in shares of 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 buying an additional 84,958 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Sify Technologies in the first quarter worth $44,000. 0.61% of the stock is owned by hedge funds and other 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.
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