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NASDAQ:SIFY

Sify Technologies (SIFY) Stock Price, News & Analysis

$2.69
+0.29 (+12.08%)
(As of 10/8/2024 ET)

About Sify Technologies Stock (NASDAQ:SIFY)

Key Stats

Today's Range
$2.37
$2.76
50-Day Range
$0.32
$2.40
52-Week Range
$1.82
$12.30
Volume
308,982 shs
Average Volume
294,392 shs
Market Capitalization
$493.16 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It provides co-location services; and managed hosting services, such as storage, back-up management, performance monitoring, infrastructure monitoring and management, network availability, server load balancing, managed shared firewall, web server log reporting, and remote and smart hands services. In addition, it offers managed network services; EDGE services; cloud and managed services, including infrastructure as a service, platform as a service, virtual private data center, computing services, IT platform, backup and recovery solution, and content delivery network; remote and onsite infrastructure managed services; and managed security services. Further, the company provides technology integration services; application integration services, which includes talent management, supply chain management, web portal solutions content services, portal development and maintenance, eLearning, digital signature, SAP, Microsoft, Oracle services. The company was formerly known as Sify Limited and changed its name to Sify Technologies Limited in October 2007. Sify Technologies Limited was incorporated in 1995 and is headquartered in Chennai, India. Sify Technologies Limited is a subsidiary of Ramanand Core Investment Company Private Limited.

Sify Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
32nd Percentile Overall Score

SIFY MarketRank™: 

Sify Technologies scored higher than 32% of companies evaluated by MarketBeat, and ranked 541st out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Sify Technologies are expected to grow by 300.00% in the coming year, from $0.01 to $0.04 per share.

  • Price to Earnings Growth Ratio

    Sify Technologies has a PEG Ratio of 1.86. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Sify Technologies has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Sify Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    0.21% of the outstanding shares of Sify Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Sify Technologies has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sify Technologies has recently increased by 325.36%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Sify Technologies does not currently pay a dividend.

  • Dividend Growth

    Sify Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.21% of the outstanding shares of Sify Technologies have been sold short.
  • Short Interest Ratio / Days to Cover

    Sify Technologies has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Sify Technologies has recently increased by 325.36%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Sify Technologies has a news sentiment score of 0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Sify Technologies this week, compared to 1 article on an average week.
  • Search Interest

    Only 3 people have searched for SIFY on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Sify Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Sify Technologies insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    77.00% of the stock of Sify Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 0.61% of the stock of Sify Technologies is held by institutions.

  • Read more about Sify Technologies' insider trading history.
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SIFY Stock News Headlines

The Standard Oil of AI?
ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. They will NOT make you rich. However, there is one stock that stands head and shoulders above everything else. It's currently trading for only $15...
Sify Technologies: Sell Into Ill-Fated Momentum Rally
Why Is Sify Technologies Stock Up Today?
See More Headlines

SIFY Stock Analysis - Frequently Asked Questions

Sify Technologies' stock was trading at $1.8650 at the beginning of 2024. Since then, SIFY shares have increased by 44.2% and is now trading at $2.69.
View the best growth stocks for 2024 here
.

Sify Technologies Limited (NASDAQ:SIFY) released its quarterly earnings results on Monday, April, 24th. The technology company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.81. The technology company had revenue of $107.79 million for the quarter, compared to the consensus estimate of $127 million. Sify Technologies had a negative net margin of 0.18% and a negative trailing twelve-month return on equity of 0.43%.

Sify Technologies's stock reverse split before market open on Friday, October 4th 2024. The 1-6 reverse split was announced on Wednesday, September 18th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, October 3rd 2024. An investor that had 100 shares of stock prior to the reverse split would have 17 shares after the split.

Shares of SIFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Sify Technologies investors own include Pareteum (TEUM), Cypress Semiconductor (CY), Wix.com (WIX), Achaogen (AKAO), Calfrac Well Services (CFW), AT&T (T) and Acasti Pharma (ACST).

Company Calendar

Last Earnings
4/24/2023
Today
10/08/2024
Next Earnings (Estimated)
10/18/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Computer Software
Current Symbol
NASDAQ:SIFY
Employees
4,319
Year Founded
N/A

Profitability

Net Income
$590,000.00
Pretax Margin
0.65%

Debt

Sales & Book Value

Annual Sales
$36.51 billion
Cash Flow
$2.28 per share
Book Value
$1.57 per share

Miscellaneous

Free Float
42,166,000
Market Cap
$493.16 million
Optionable
Optionable
Beta
1.52
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This page (NASDAQ:SIFY) was last updated on 10/8/2024 by MarketBeat.com Staff
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