Sify Technologies Limited (NASDAQ:SIFY - Get Free Report) shot up 5.6% during trading on Monday . The company traded as high as $8.93 and last traded at $8.96. 50,447 shares were traded during trading, a decline of 44% from the average session volume of 89,591 shares. The stock had previously closed at $8.48.
Sify Technologies Price Performance
The stock has a market capitalization of $682.26 million, a price-to-earnings ratio of 235.75 and a beta of 0.92. The company has a current ratio of 0.96, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The stock has a 50-day simple moving average of $6.50 and a 200 day simple moving average of $5.21.
Institutional Investors Weigh In On Sify Technologies
A number of institutional investors have recently bought and sold shares of SIFY. XTX Topco Ltd acquired a new stake in Sify Technologies during the 4th quarter worth about $32,000. Virtu Financial LLC acquired a new stake in Sify Technologies during the 1st quarter worth about $44,000. CSS LLC IL acquired a new stake in Sify Technologies during the 4th quarter worth about $135,000. Schroder Investment Management Group boosted its position in Sify Technologies by 5.6% during the 2nd quarter. Schroder Investment Management Group now owns 42,337 shares of the technology company's stock worth $194,000 after acquiring an additional 2,244 shares during the period. Finally, Acadian Asset Management LLC raised its stake 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 purchasing an additional 84,958 shares in the last quarter. 0.61% of the stock is currently owned by institutional investors and hedge funds.
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.
Recommended Stories
Before you consider Sify Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sify Technologies wasn't on the list.
While Sify Technologies currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.