Shares of CyrusOne Inc (CONE) Sees Large Inflow of Net Money Flow

CyrusOne Inc (CONE) : Investors lapped up stocks on upticks to the tune of $3.67 million in the Tuesdays trading session. The trading value on downticks was comparatively at $1.48 million and the uptick to downtick ratio of 2.48 indicates continuous buying by the bulls. The net money flow into the stock was $2.19 million. The block trades were dominated by the bulls with a healthy 4.68, uptick to downtick ratio. Only $0.57 million worth of trades exchanged hands on downticks showing the reluctance of the large traders to part with their holdings. Upticks saw transactions worth $2.66 clearly indicating buying by large investors. The total money flow for block trades stood at $2.09 million, which is a positive for the stock in the long-term. CyrusOne Inc (CONE) fell $0.36 during the day at $54.6, a drop of -0.66% over the previous days close. However, for the week, the stock is -1.37%, compared to the previous week.


The company Insiders own 2.2% of CyrusOne Inc shares according to the proxy statements. Institutional Investors own 92.77% of CyrusOne Inc shares. During last six month period, the net percent change held by insiders has seen a change of -5.4%. 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. has dropped 1.03% in the last five trading days, however, the shares have posted positive gains of 7.33% in the last 4 weeks. Cyrusone Inc. is up 26.68% in the last 3-month period. Year-to-Date the stock performance stands at 49.23%.

CyrusOne Inc (NASDAQ:CONE): stock turned positive on Tuesday. Though the stock opened at $54.81, the bulls momentum made the stock top out at $55.19 level for the day. The stock recorded a low of $54.18 and closed the trading day at $54.97, in the green by 0.02%. The total traded volume for the day was 1,631,609. The stock had closed at $54.96 in the previous days trading.

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.

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