Sify Technologies (SIFY) Scheduled to Post Earnings on Monday

Sify Technologies (NASDAQ:SIFY) is set to release its earnings data before the market opens on Monday, April 22nd. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sify Technologies Stock Performance

Shares of SIFY opened at $1.23 on Friday. Sify Technologies has a 12-month low of $1.07 and a 12-month high of $3.37. The business has a 50-day simple moving average of $1.30 and a two-hundred day simple moving average of $1.50. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.84.

Analyst Upgrades and Downgrades

Separately, TheStreet cut Sify Technologies from a “c-” rating to a “d+” rating in a research note on Friday, February 2nd.

Institutional Investors Weigh In On Sify Technologies

Several large investors have recently added to or reduced their stakes in SIFY. Envestnet Asset Management Inc. grew its stake in Sify Technologies by 19.3% during the first quarter. Envestnet Asset Management Inc. now owns 122,198 shares of the technology company’s stock worth $365,000 after purchasing an additional 19,756 shares during the period. Bank of America Corp DE boosted its holdings in Sify Technologies by 67.9% in the first quarter. Bank of America Corp DE now owns 24,995 shares of the technology company’s stock worth $75,000 after acquiring an additional 10,108 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Sify Technologies by 166,434.8% in the second quarter. JPMorgan Chase & Co. now owns 148,216 shares of the technology company’s stock worth $289,000 after acquiring an additional 148,127 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Sify Technologies by 342.1% in the fourth quarter. Renaissance Technologies LLC now owns 84,000 shares of the technology company’s stock worth $97,000 after acquiring an additional 65,000 shares in the last quarter. Finally, Millennium Management LLC bought a new position in Sify Technologies in the fourth quarter worth approximately $207,000. Institutional investors and hedge funds own 0.61% of the company’s stock.

About Sify Technologies

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