Stock News Alert: Sify Technologies Limited (NASDAQ:SIFY)

Sify Technologies Limited (NASDAQ:SIFY) stock observed trading -24.23% off 52-week high price. On the other end, the stock has been noted 17.10% away from low price over the last 52-weeks. The stock disclosed a move of -0.16% away from 50 day moving average and -5.42% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.59% off 20-day moving average. It has market cap of $227.59M and dividend yield of 1.55%.

On Jan. 17, 2020, Sify Technologies Limited (NASDAQ:SIFY) headquartered in Chennai, India, India’s most comprehensive ICT solutions provider with global service capabilities spanning domestic and international Telecom Networks, Data Centers, Cloud, Applications, Managed services and Systems integration, declared that it will report its unaudited IFRS financial results for the third quarter ended December 31, 2019, on Friday, January 24, 2020 before the market opens.

About Sify Technologies:

Sify Technologies is the India’s most comprehensive ICT services & solutions provider. With Cloud at the core of our solutions portfolio, Sify is focused on the changing ICT requirements of the emerging digital economy and the resultant demands from large, mid and small-sized businesses.

Sify’s infrastructure comprising the largest MPLS network, top-of-the-line DCs, partnership with global technology majors, vast expertise in business transformation solutions modeled on the cloud make it the first choice of start-ups, incoming enterprises and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Security services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, and Singapore.

The India based company Sify Technologies Limited moved with change of 0.63% to $1.29 with the total traded volume of 35114 shares in recent session versus to an average volume of 32.65K. The stock was observed in the 5 days activity at 2.51%. The one month performance of stock was 1.52%. SIFY’s shares are at -8.97% for the quarter and driving a -18.99% return over the course of the past year and is now at 4.72% since this point in 2018.  Right now the stock beta is 1.08. The average volatility for the week and month was at 3.29% and 4.28% respectively. There are 176.69M shares outstanding and 176.69M shares are floated in market.

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