SBI Securities Co. Ltd. Invests $124,000 in Sify Technologies Limited (NASDAQ:SIFY)

SBI Securities Co. Ltd. bought a new position in Sify Technologies Limited (NASDAQ:SIFY) during the 4th quarter, HoldingsChannel reports. The fund bought 43,250 shares of the technology company’s stock, valued at approximately $124,000.

Sify Technologies Trading Up 0.6 %

Shares of NASDAQ SIFY opened at $4.83 on Friday. The company has a market cap of $147.61 million, a PE ratio of 120.75, a P/E/G ratio of 26.80 and a beta of 1.49. The firm’s 50 day moving average price is $3.67 and its 200-day moving average price is $3.18. Sify Technologies Limited has a 52-week low of $1.82 and a 52-week high of $10.14. 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 (NASDAQ:SIFY) last issued 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 net margin of 0.69% and a negative return on equity of 2.85%. On average, equities research analysts expect that Sify Technologies Limited will post 0.01 EPS for the current fiscal year.

Sify Technologies 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.