Sify Technologies (SIFY) Upgraded to “Buy” at BidaskClub

BidaskClub upgraded shares of Sify Technologies (NASDAQ:SIFY) from a hold rating to a buy rating in a research note published on Tuesday morning.

Separately, ValuEngine upgraded Sify Technologies from a sell rating to a hold rating in a research report on Friday, September 15th.

Shares of Sify Technologies (SIFY) traded down $0.15 during trading hours on Tuesday, hitting $2.50. The stock had a trading volume of 508,700 shares, compared to its average volume of 1,434,150. Sify Technologies has a one year low of $0.69 and a one year high of $3.15. The firm has a market cap of $437.40, a P/E ratio of 20.83 and a beta of 1.70. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.03.

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About Sify Technologies

Sify Technologies Limited (Sify) is an integrated information and communications technology (ICT) solutions and services company. The Company’s segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation.

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