Somewhat Positive News Coverage Somewhat Unlikely to Affect Sify Technologies (NASDAQ:SIFY) Stock Price

News stories about Sify Technologies (NASDAQ:SIFY) have trended somewhat positive on Sunday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sify Technologies earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.2261038671436 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

SIFY has been the topic of several recent research reports. BidaskClub upgraded shares of Sify Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Sidoti initiated coverage on shares of Sify Technologies in a research note on Tuesday, January 9th. They issued a $3.00 price objective on the stock.

Sify Technologies (NASDAQ:SIFY) opened at $2.48 on Friday. Sify Technologies has a one year low of $0.69 and a one year high of $3.15. The company has a current ratio of 1.12, a quick ratio of 1.03 and a debt-to-equity ratio of 0.20.

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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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