CyrusOne Inc (CONE) Shares are Up 2.01%

CyrusOne Inc (CONE) has been under a strong bear grip, hence the stock is down -0.77% 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 1.49% in the past 1 week. The stock has risen by 2.01% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.9% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.22% and the 50-Day Moving Average is 3.84%.The 200 Day SMA reached 15.85%.


CyrusOne Inc (NASDAQ:CONE): After opening at $50.8, the stock dipped to an intraday low of $50.4 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.58 and the buying power remained strong till the end. The stock closed at $50.83 for the day, a gain of 0.49% for the day session. The total traded volume was 914,653. The stocks close on the previous trading day was $50.58.

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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