Sidoti began coverage on shares of Sify Technologies (NASDAQ:SIFY) in a research note released on Tuesday, The Fly reports. The brokerage issued a $3.00 price target on the technology company’s stock.
A number of other analysts also recently issued reports on SIFY. BidaskClub raised Sify Technologies from a hold rating to a buy rating in a report on Tuesday. ValuEngine raised Sify Technologies from a sell rating to a hold rating in a report on Friday, September 15th.
Shares of Sify Technologies (SIFY) opened at $2.48 on Tuesday. The stock has a market capitalization of $437.40, a PE ratio of 20.67 and a beta of 1.70. The company has a current ratio of 1.12, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20. Sify Technologies has a fifty-two week low of $0.69 and a fifty-two week high of $3.15.
About Sify Technologies
Sify Technologies Limited (Sify) is an integrated information and communications technology (ICT) solutions and services company. The Company’s segments are Telecom services, which includes domestic data, international data wholesale voice and network managed services; Data Centre services, which includes co-location services; Cloud and managed services, which includes information technology (IT) infra services, IT transformation services, remote and onsite infrastructure managed services and delivery platforms; Technology integration services, which includes data center build, network integration, information security, end-user computing, and collaborative tools and solutions, and Applications integration services, which includes application development and maintenance, application testing, mobility solutions, e-learning, portals, tools, process and automation.
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