On a relative basis, the stock has outperformed the S&P 500 by 5.6% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.73% in the last 1 week, and is up 7.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 84.29% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $55.97 and the one year low was seen on Jul 28, 2015. The 50-Day Moving Average price is $51.89 and the 200 Day Moving Average price is recorded at $43.44.
The stock has recorded a 20-day Moving Average of 4.87% and the 50-Day Moving Average is 10.78%.
CyrusOne Inc (NASDAQ:CONE): stock turned positive on Friday. Though the stock opened at $55.22, the bulls momentum made the stock top out at $55.565 level for the day. The stock recorded a low of $55 and closed the trading day at $55.36, in the green by 0.76%. The total traded volume for the day was 899,710. The stock had closed at $54.94 in the previous days trading.
In an insider trading activity,The officer (CHIEF TECHNOLOGY OFFICER) of Cyrusone Inc., Timmons Kevin L sold 14,086 shares at $40.1 on February 29, 2016. The Insider selling transaction had a total value worth of $564,849. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
CyrusOne Inc. (CyrusOne) is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Companys data centers are purpose-built facilities, which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1, 2015, the Company had approximately 900 customers. As of July 1, 2015, the Companys property portfolio included 31 data centers across 12 markets in 10 cities in the United States, London and Singapore. The Companys facilities cover approximately 500,000 gross square feet of space, including over 130,000 colocation square feet and around 100,000 square feet of work area recovery space.