CyrusOne Inc (CONE) : During the past 4 weeks, traders have been relatively bearish on CyrusOne Inc (CONE), hence the stock is down -9.6% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.84% relative to the S&P 500. The 4-week change in the price of the stock is -7.35% and the stock has fallen -6.44% in the past 1 week.
CyrusOne Inc (NASDAQ:CONE): The stock opened at $51.56 on Friday but the bulls could not build on the opening and the stock topped out at $51.96 for the day. The stock traded down to $51.19 during the day, due to lack of any buying support eventually closed down at $51.29 with a loss of -1.08% for the day. The stock had closed at $51.85 on the previous day. The total traded volume was 1,240,681 shares.
The stock has recorded a 20-day Moving Average of 5.43% and the 50-Day Moving Average is 2.87%. Cyrusone Inc. is up 5.5% in the last 3-month period. Year-to-Date the stock performance stands at 39.24%.
CyrusOne Inc (CONE) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $63 and the lowest price target forecast is $49. The average forecast of all the analysts is $57.1 and the expected standard deviation is $4.72.
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.