At the end of the latest market close, Sify Technologies Limited (SIFY) was valued at $3.83. In that particular session, Stock kicked-off at the price of $3.79 while reaching the peak value of $3.79 and lowest value recorded on the day was $3.35. The stock current value is $3.43.Recently in News on September 1, 2021, Sify Technologies announces channel partnership with Colt Technology Services for Europe. Sify Technologies Limited (NASDAQ: SIFY), India’s most comprehensive ICT solutions provider with global service capabilities spanning Data Centers, Networks, Cloud, Infrastructure Managed services and Applications management, today announced a channel partnership with Colt Technology Services, a leading provider of high bandwidth and on-demand connectivity, to cover the European geography. You can read further details here
Sify Technologies Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.89 on 02/16/21, with the lowest value was $1.27 for the same time period, recorded on 01/04/21.
Sify Technologies Limited (SIFY) full year performance was 226.67%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Sify Technologies Limited shares are logging -41.77% during the 52-week period from high price, and 254.86% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.97 and $5.89.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 626238 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Sify Technologies Limited (SIFY) recorded performance in the market was 170.08%, having the revenues showcasing -7.55% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 623.40M, as it employees total of 2838 workers.
Sify Technologies Limited (SIFY) in the eye of market guru’s
During the last month, 0 analysts gave the Sify Technologies Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.37, with a change in the price was noted +0.47. In a similar fashion, Sify Technologies Limited posted a movement of +15.88% for the period of last 100 days, recording 309,527 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SIFY is recording 0.89 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.41.
Sify Technologies Limited (SIFY): Stocks Technical analysis and Trends
Raw Stochastic average of Sify Technologies Limited in the period of last 50 days is set at 43.28%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 34.48%. In the last 20 days, the company’s Stochastic %K was 64.75% and its Stochastic %D was recorded 72.52%.
If we look into the earlier routines of Sify Technologies Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 170.08%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -13.82%, alongside a boost of 226.67% for the period of the last 12 months. The shares -10.21% in the 7-day charts and went up by -10.21% in the period of the last 30 days. Common stock shares were lifted by -7.55% during last recorded quarter.