Sify Technologies Ltd (NASDAQ: SIFY) has reported earnings for its second fiscal quarter (ending September 30) of $0.00 versus $0.00 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $-0.01 versus $0.02 for the same period a year ago.
Recent Price Action
Sify Technologies Ltd (NASDAQ: SIFY) stock rose modestly by 0.8% on 10/22/24. The stock closed at $3.63. However, this advance was accompanied by unusually low trading volume at 51% of normal. The stock has declined -4.2% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SIFY is expected to be Value Creation neutral.
Sify Technologies has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Sify Technologies has a slightly negative Power Rating of 32 and a slightly negative Appreciation Score of 31, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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