Sify Technologies Limited (NASDAQ:SIFY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.01 and traded as high as $5.00. Sify Technologies shares last traded at $4.80, with a volume of 46,867 shares.
Sify Technologies Price Performance
The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $130.19 million, a price-to-earnings ratio of 106.50, a P/E/G ratio of 26.80 and a beta of 1.06. The business's 50 day simple moving average is $4.53 and its 200-day simple moving average is $4.03.
Institutional Investors Weigh In On Sify Technologies
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new position in shares of Sify Technologies in the 4th quarter valued at $32,000. Virtu Financial LLC bought a new position in shares of Sify Technologies in the first quarter worth about $44,000. SBI Securities Co. Ltd. bought a new position in shares of Sify Technologies in the fourth quarter worth about $124,000. CSS LLC IL acquired a new stake in shares of Sify Technologies in the 4th quarter valued at approximately $135,000. Finally, Acadian Asset Management LLC grew 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 valued at $838,000 after purchasing an additional 84,958 shares during the last quarter. 0.61% of the stock is currently 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.
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