Sidoti Csr Research Analysts Decrease Earnings Estimates for Sify Technologies Limited (NASDAQ:SIFY)

Sify Technologies Limited (NASDAQ:SIFY) – Sidoti Csr dropped their Q4 2026 earnings estimates for Sify Technologies in a report released on Tuesday, April 23rd. Sidoti Csr analyst G. Burns now expects that the technology company will earn $0.01 per share for the quarter, down from their previous estimate of $0.02. The consensus estimate for Sify Technologies’ current full-year earnings is $0.01 per share.

Separately, TheStreet downgraded shares of Sify Technologies from a “c-” rating to a “d+” rating in a research note on Friday, February 2nd.

Sify Technologies Stock Up 5.9 %

Shares of NASDAQ:SIFY opened at $1.26 on Thursday. The company has a 50-day moving average price of $1.29 and a 200-day moving average price of $1.49. 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 12 month low of $1.07 and a 12 month high of $3.37.

Hedge Funds Weigh In On Sify Technologies

A hedge fund recently raised its stake in Sify Technologies stock. Acadian Asset Management LLC grew its position in shares of Sify Technologies Limited (NASDAQ:SIFY) by 100.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 509,303 shares of the technology company’s stock after acquiring an additional 255,050 shares during the period. Acadian Asset Management LLC owned about 0.28% of Sify Technologies worth $928,000 as of its most recent SEC filing. Institutional investors own 0.61% of the company’s stock.

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.