Shares of Sify Technologies Limited (NASDAQ:SIFY – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $13.41 and traded as high as $16.51. Sify Technologies shares last traded at $16.17, with a volume of 34,902 shares traded.
Sify Technologies Trading Down 4.5%
The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 1.55. The firm has a 50-day simple moving average of $14.34 and a two-hundred day simple moving average of $13.46.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC increased its position in Sify Technologies by 969.1% during the 1st quarter. Parallel Advisors LLC now owns 1,935 shares of the technology company’s stock worth $25,000 after buying an additional 1,754 shares during the period. Renaissance Technologies LLC increased its position in Sify Technologies by 22.2% during the 4th quarter. Renaissance Technologies LLC now owns 19,800 shares of the technology company’s stock worth $241,000 after buying an additional 3,600 shares during the period. Baader Bank Aktiengesellschaft bought a new position in Sify Technologies during the 3rd quarter worth $137,000. XTX Topco Ltd bought a new position in Sify Technologies during the 2nd quarter worth $50,000. Finally, Lighthouse Investment Partners LLC bought a new position in Sify Technologies during the 3rd quarter worth $273,000. Institutional investors own 0.61% of the company’s stock.
About Sify Technologies
Sify Technologies Limited is an India‐based provider of integrated information and communications technology solutions, catering primarily to enterprise and government clients. The company’s core offerings include network services, data center hosting, cloud computing, managed security, unified communications, and digital transformation solutions. Sify’s end-to-end portfolio is designed to support critical IT infrastructure, enabling clients to scale operations, improve reliability, and accelerate technology adoption.
In the networking domain, Sify operates a nationwide IP‐MPLS backbone with extensive fiber infrastructure and a global internet peering footprint.
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