Sify Technologies Limited (NASDAQ:SIFY) Receives Average Rating of “Strong Buy” from Analysts
Shares of Sify Technologies Limited (NASDAQ:SIFY) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price target of $4.00 for the company and are anticipating that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also assigned Sify Technologies an industry rank of 99 out of 256 based on the ratings given to its competitors.
SIFY has been the topic of several research reports. Zacks Investment Research raised Vonovia SE Depository Receipt from a “sell” rating to a “hold” rating in a research report on Saturday. Maxim Group reaffirmed a “buy” rating and issued a $4.00 target price on shares of Sify Technologies in a research report on Thursday.
Shares of SIFY remained flat at $$1.39 during trading hours on Monday. The company had a trading volume of 28,922 shares, compared to its average volume of 71,221. The company has a quick ratio of 1.07, a current ratio of 1.19 and a debt-to-equity ratio of 0.31. The firm has a market cap of $54.42 million, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 0.69 and a beta of 1.04. The stock’s 50-day moving average is $1.40. Sify Technologies has a twelve month low of $1.15 and a twelve month high of $1.90.
Sify Technologies Company Profile
Sify Technologies Ltd. engages in the provision of integrated Internet, network, and electronic commerce services in India. It operates through the following segments: Telecom-centric Services, and Data Center-centric Information Technology Services. The Telecom-centric Services segment includes domestic data, international data wholesale voice, and network managed services.
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