CyrusOne Inc (CONE) : $7.07 million worth of transactions were on upticks in CyrusOne Inc (CONE), compared to $4.93 million on downticks. The ratio between the two was 1.44, whereas, the net money flow stood at a healthy $2.14 million on Fridays session. The consistent buying on upticks in the stock accounted for $2.22million worth of trades. The total money flow into the stock stood at $2.22 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.2%. The stock was trading at $50.48, with a drop of $0.1 over the previous days close. The stock recorded 1.3% for the week.
The company Insiders own 2.2% of CyrusOne Inc shares according to the proxy statements. Institutional Investors own 89.19% of CyrusOne Inc shares.
In a related news,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 (NASDAQ:CONE): The stock opened at $50.8 and touched an intraday high of $51.58 on Friday. During the day, the stock corrected to an intraday low of $50.4, however, the bulls stepped in and pushed the price higher to close in the green at $50.83 with a gain of 0.49% for the day. The total traded volume for the day was 914,653. The stock had closed at $50.58 in the previous trading session.
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.
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.