Analyst Stance On Two Stocks: Sify Technologies Limited (SIFY), Tsakos Energy Navigation Limited (TNP)

The recently concluded session had traders exchanging Sify Technologies Limited (NASDAQ:SIFY) high level. Roughly 0.38 million shares changed hands compared to the three-month volume average 0.32 million shares. The first trade took place at $1.67 and the stock went down -7.23% to attain the closing price of $1.54.

Sify Technologies Limited Earnings Surprise

Sify Technologies Limited (SIFY) surprised the stock market in its last reported earnings when it earned $0.01 a piece versus the consensus-estimated -$0.01. Its revenue totaled $36 million down -2.76% from the previous quarter.

Sify Technologies Limited (NASDAQ:SIFY) Intraday View

This stock (SIFY) is ahead of its 52-week low with 122.77%. Its last month’s stock price volatility remained 15.43% which for the week stands at 8.37%. The share price has moved backward from its 20 days moving average, trading at a distance of -1.24% and stays 0.43% away from its 50 days moving average. Over the last five days, shares have faced -3.75% losses and now is up 50.23% since hitting its 200-day moving average of $1.09. Sify Technologies Limited (SIFY) has made its way to a 12-month gain of 68.9%.

Turning to Tsakos Energy Navigation Limited (NYSE:TNP), its shares were trading at $4.26 a gain of $0.42, on the trading floor. The stock, after opening at $3.85, touched a high of $4.29 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.1. Tsakos Energy Navigation Limited has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -19.32% from its high of $5.28 to a $353.45 million market value through last close.

Tsakos Energy Navigation Limited (NYSE:TNP) Intraday Trading

The counter witnessed a trading volume of 1.01 million shares versus an average volume of 0.29 million shares during last trading session. Its last month’s stock price volatility remained 5.94% which for the week approaches 3.32%. The lowest price the stock reached in the last trading day was $3.85 and compares with the $3.82 52-week low. The stock recovered 11.52% since its low point and has performed -9.17% year-to-date.

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