SBI Securities Co. Ltd. Makes New Investment in Sify Technologies Limited (NASDAQ:SIFY)

SBI Securities Co. Ltd. acquired a new position in Sify Technologies Limited (NASDAQ:SIFY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 43,250 shares of the technology company’s stock, valued at approximately $124,000. SBI Securities Co. Ltd. owned 0.14% of Sify Technologies as of its most recent filing with the Securities & Exchange Commission.

Sify Technologies Price Performance

Shares of SIFY opened at $4.83 on Friday. The stock has a market cap of $147.61 million, a PE ratio of 120.75, a price-to-earnings-growth ratio of 26.80 and a beta of 1.49. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.95 and a current ratio of 1.08. Sify Technologies Limited has a fifty-two week low of $1.82 and a fifty-two week high of $10.14. The firm’s 50-day simple moving average is $3.67 and its two-hundred day simple moving average is $3.18.

Sify Technologies (NASDAQ:SIFY) last announced its quarterly earnings data on Friday, January 17th. The technology company reported ($999.00) earnings per share for the quarter. Sify Technologies had a negative return on equity of 2.85% and a negative net margin of 0.69%. Analysts anticipate that Sify Technologies Limited will post 0.01 earnings per share for the current fiscal year.

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.