Sify Technologies Limited (NASDAQ:SIFY – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.58 and traded as high as $16.53. Sify Technologies shares last traded at $15.74, with a volume of 47,605 shares trading hands.
Sify Technologies Stock Down 3.6%
The firm’s fifty day moving average price is $14.48 and its 200-day moving average price is $13.58. The company has a quick ratio of 0.74, a current ratio of 0.88 and a debt-to-equity ratio of 1.55.
Institutional Trading of Sify Technologies
Large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its holdings in Sify Technologies by 969.1% during the first 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 in the last quarter. Baader Bank Aktiengesellschaft bought a new stake in Sify Technologies during the third quarter worth approximately $137,000. XTX Topco Ltd bought a new stake in Sify Technologies during the second quarter worth approximately $50,000. Renaissance Technologies LLC boosted its holdings in Sify Technologies by 22.2% during the fourth 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 in the last quarter. Finally, Lighthouse Investment Partners LLC bought a new stake in Sify Technologies during the third quarter worth approximately $273,000. 0.61% of the stock is currently owned by institutional investors.
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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