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Sify Technologies Limited ADR (SIFY) Looks Ready for Growth Despite -66.13% Change This Year

Sify Technologies Limited ADR (NASDAQ: SIFY) is -66.13% lower on its value in year-to-date trading and has touched a low of $1.82 and a high of $12.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIFY stock was last observed hovering at around $3.38 in the last trading session, with the day’s gains setting it 0.41%.

Currently trading at $3.79, the stock is 52.55% and 57.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 12.13% at the moment leaves the stock -32.61% off its SMA200. SIFY registered -62.84% loss for a year compared to 6-month loss of -49.87%. The firm has a 50-day simple moving average (SMA 50) of $2.4102 and a 200-day simple moving average (SMA200) of $5.62455.

The stock witnessed a 38.31% gain in the last 1 month and extending the period to 3 months gives it a 39.29%, and is 57.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.31% over the week and 12.17% over the month.

Sify Technologies Limited ADR (SIFY) has around 4319 employees, a market worth around $115.82M and $439.32M in sales. Fwd P/E is 94.70. Profit margin for the company is -0.18%. Distance from 52-week low is 108.06% and -69.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.15%).

with sales reaching $112.96M over the same period.The EPS is expected to shrink by -83.24% this year, but quarterly earnings will post 43.80% year-over-year. Quarterly sales are estimated to grow 8.60% in year-over-year returns.

Sify Technologies Limited ADR (SIFY) Top Institutional Holders

The top institutional shareholder in the company is SCHRODER INVESTMENT MANAGEMENT GROUP with over 0.43 million shares valued at $0.19 million. The investor’s holdings represent 0.2346% of the SIFY Shares outstanding. As of 2024-06-30, the second largest holder is ACADIAN ASSET MANAGEMENT LLC with 0.35 million shares valued at $0.16 million to account for 0.1915 of the shares outstanding. The other top investors are CSS LLC/IL which holds 0.24 million shares representing 0.1296% and valued at over $0.1 million, while PINNACLE ASSOCIATES LTD holds 0.0935 of the shares totaling 0.17 million with a market value of $75240.0.

Sify Technologies Limited ADR (SIFY) Insider Activity

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