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

Sify Technologies Limited (NASDAQ:SIFY)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.39 and traded as high as $4.55. Sify Technologies shares last traded at $4.48, with a volume of 16,703 shares.

Sify Technologies Price Performance

The company has a fifty day simple moving average of $4.10 and a 200-day simple moving average of $3.39. The company has a market cap of $136.92 million, a P/E ratio of 112.00, a PEG ratio of 26.80 and a beta of 1.38. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.95.

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

Institutional Trading of Sify Technologies

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

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.