Sify Technologies (NASDAQ:SIFY) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Sify Technologies Limited (NASDAQ:SIFY) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.81 and traded as high as $4.89. Sify Technologies shares last traded at $4.66, with a volume of 73,984 shares.

Sify Technologies Stock Performance

The business has a fifty day moving average price of $4.35 and a 200-day moving average price of $3.81. The stock has a market capitalization of $142.42 million, a P/E ratio of 116.50, a P/E/G ratio of 26.80 and a beta of 1.00. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.32.

Hedge Funds Weigh In On Sify Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. CSS LLC IL bought a new stake in shares of Sify Technologies during the 4th quarter valued at $135,000. SBI Securities Co. Ltd. bought a new position in Sify Technologies in the 4th quarter valued at $124,000. XTX Topco Ltd purchased a new position in shares of Sify Technologies during the fourth quarter valued at $32,000. Finally, Virtu Financial LLC purchased a new position in shares of Sify Technologies in the 1st quarter valued at $44,000. 0.61% of the stock is owned by institutional investors.

Sify Technologies Company Profile

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