Sify Technologies (SIFY) Rating Increased to Buy at BidaskClub
BidaskClub upgraded shares of Sify Technologies (NASDAQ:SIFY) from a hold rating to a buy rating in a report published on Tuesday.
Separately, ValuEngine upgraded shares of Sify Technologies from a sell rating to a hold rating in a research note on Friday, September 15th.
Shares of Sify Technologies (NASDAQ:SIFY) traded up $0.33 during trading on Tuesday, reaching $2.65. 1,040,000 shares of the company’s stock traded hands, compared to its average volume of 581,657. The stock has a market capitalization of $473.11, a price-to-earnings ratio of 22.08 and a beta of 1.70. Sify Technologies has a one year low of $0.69 and a one year high of $3.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.12 and a quick ratio of 1.03.
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Sify Technologies Limited (Sify) is an integrated information and communications technology (ICT) solutions and services company. The Company’s segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation.
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