Sify Technologies (SIFY) Scheduled to Post Earnings on Monday

Sify Technologies (NASDAQ:SIFY) is scheduled to post its quarterly earnings results before the market opens on Monday, April 22nd. Parties that are interested in participating in the company’s conference call can do so using this link.

Sify Technologies Stock Performance

Sify Technologies stock opened at $1.23 on Friday. The stock’s fifty day simple moving average is $1.30 and its 200-day simple moving average is $1.50. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.84. Sify Technologies has a twelve month low of $1.07 and a twelve month high of $3.37.

Institutional Investors Weigh In On Sify Technologies

Several hedge funds have recently made changes to their positions in SIFY. Envestnet Asset Management Inc. lifted its position in Sify Technologies by 19.3% in the first quarter. Envestnet Asset Management Inc. now owns 122,198 shares of the technology company’s stock valued at $365,000 after purchasing an additional 19,756 shares during the period. Bank of America Corp DE increased its holdings in Sify Technologies by 67.9% in the first quarter. Bank of America Corp DE now owns 24,995 shares of the technology company’s stock valued at $75,000 after buying an additional 10,108 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Sify Technologies by 166,434.8% in the second quarter. JPMorgan Chase & Co. now owns 148,216 shares of the technology company’s stock valued at $289,000 after buying an additional 148,127 shares in the last quarter. Renaissance Technologies LLC increased its holdings in Sify Technologies by 342.1% in the fourth quarter. Renaissance Technologies LLC now owns 84,000 shares of the technology company’s stock valued at $97,000 after buying an additional 65,000 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Sify Technologies in the fourth quarter valued at about $207,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

Analyst Ratings Changes

Separately, TheStreet lowered Sify Technologies from a “c-” rating to a “d+” rating in a report on Friday, February 2nd.

About Sify Technologies

Sify Technologies Limited provides integrated ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The Network Centric Services segment offers internet, internet protocol and multi-protocol label switching virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, managed services, dedicated internet access, and proactive monitoring and management of the network and devices.