Sify Technologies (NASDAQ:SIFY) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Sify Technologies (NASDAQ:SIFY) in a research note published on Monday. The brokerage issued a hold rating on the technology company’s stock.

Sify Technologies Trading Down 7.8 %

NASDAQ SIFY opened at $0.37 on Monday. The business’s fifty day simple moving average is $0.87 and its 200-day simple moving average is $1.22. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 0.84. Sify Technologies has a 52 week low of $0.30 and a 52 week high of $3.37.

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.