Iron Mountain Incorporated (IRM) has been under a strong bear grip, hence the stock is down -6.99% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.21% in the past 1 week. The stock has risen by 1.54% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.18% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.45% and the fifty day Moving Average is 2.04%. Iron Mountain Incorporated is up 5.33% in the last three month period. Year-to-Date the stock performance stands at 45.87%.
Iron Mountain Incorporated (IRM) : The most positive equity analysts on Iron Mountain Incorporated (IRM) expects the shares to touch $48, whereas, the least positive believes that the stock will trade at $36 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $41.5 with an expected fluctuation of $5.51 from the mean.
Iron Mountain Incorporated (NYSE:IRM): On Fridays trading session , Opening price of the stock was $38.43 with an intraday high of $38.96. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $37.99. However, the stock managed to close at $38.25, a loss of 0.36% for the day. On the previous day, the stock had closed at $38.39. The total traded volume of the day was 2,749,422 shares.
Iron Mountain Inc. is a holding company, which stores records, primarily paper documents and data backup media, and provide information management services. The Company has five segments: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business and Corporate and Other Business. It offers records and information management services, and data management services. Its customer base includes commercial, legal, banking, healthcare, accounting, insurance, entertainment and government organizations. As of December 31, 2014, the Companys courier fleet consisted of approximately 3,600 owned or leased vehicles. Its other services include secure shredding, document management solutions (DMS), compliant records management and consulting services, health information storage and management solutions, entertainment services, energy data services, discovery services and other ancillary services.