Iron Mountain Incorporated (IRM) : Traders are bullish on Iron Mountain Incorporated (IRM) as it has outperformed the S&P 500 by a wide margin of 2.81% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.9%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.41% in the last 1 week, and is up 2.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.06% and the 50-Day Moving Average is 0.7%.The 200 Day SMA reached 18.1%. Iron Mountain Incorporated is up 6.48% in the last 3-month period. Year-to-Date the stock performance stands at 47.93%.
Iron Mountain Incorporated (NYSE:IRM): After opening at $38.7, the stock dipped to an intraday low of $38.59 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $39.46 and the buying power remained strong till the end. The stock closed at $38.79 for the day, a gain of 0.62% for the day session. The total traded volume was 1,247,236. The stocks close on the previous trading day was $38.55.
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.