Rhumbline Advisers Has $85,000 Position in Sify Technologies Limited (NASDAQ:SIFY)

Rhumbline Advisers lowered its holdings in Sify Technologies Limited (NASDAQ:SIFY) by 80.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,685 shares of the technology company’s stock after selling 121,407 shares during the quarter. Rhumbline Advisers owned about 0.10% of Sify Technologies worth $85,000 as of its most recent filing with the SEC.

Sify Technologies Trading Down 6.6 %

Shares of SIFY opened at $4.51 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. Sify Technologies Limited has a 12-month low of $1.82 and a 12-month high of $10.14. The firm has a market capitalization of $137.83 million, a PE ratio of 112.75, a price-to-earnings-growth ratio of 26.80 and a beta of 1.38. The stock’s fifty day simple moving average is $3.73 and its 200-day simple moving average is $3.23.

Sify Technologies (NASDAQ:SIFY) last issued its quarterly earnings results on Friday, January 17th. The technology company reported ($999.00) earnings per share (EPS) for the quarter. Sify Technologies had a negative net margin of 0.69% and a negative return on equity of 2.85%. As a group, research analysts predict that Sify Technologies Limited will post 0.01 earnings per share for the current year.

Sify Technologies Profile

Sify Technologies Limited offers ICT solutions and services in India and internationally. It operates through Network Centric Services, Data Center Services, and Digital Services segments. The company offers internet, internet protocol, multi-protocol label switching, virtual private network, SDWAN, managed Wi-Fi, internet of things, wholesale and retail voice, dedicated internet access, and proactive monitoring and management of the network and devices.