Sify Technologies (NASDAQ:SIFY) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Sify Technologies Limited (NASDAQ:SIFY)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.60 and traded as high as $4.35. Sify Technologies shares last traded at $4.21, with a volume of 43,993 shares.

Sify Technologies Stock Performance

The stock’s fifty day moving average is $4.45 and its 200-day moving average is $3.60. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The stock has a market cap of $128.67 million, a price-to-earnings ratio of 105.25, a PEG ratio of 26.80 and a beta of 1.29.

Sify Technologies (NASDAQ:SIFY) last released its quarterly earnings data on Friday, January 17th. The technology company reported ($999.00) EPS for the quarter. Sify Technologies had a negative net margin of 0.69% and a negative return on equity of 2.85%. On average, analysts forecast that Sify Technologies Limited will post 0.01 EPS for the current year.

Institutional Investors Weigh In On Sify Technologies

Hedge funds have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in Sify Technologies during the 4th quarter worth approximately $32,000. SBI Securities Co. Ltd. acquired a new position in shares of Sify Technologies in the fourth quarter valued at approximately $124,000. Finally, CSS LLC IL bought a new stake in shares of Sify Technologies during the fourth quarter worth $135,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

About Sify Technologies

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.