CyrusOne Inc (CONE) Shares are Down -3.74%

CyrusOne Inc (CONE) : During the past 4 weeks, traders have been relatively bearish on CyrusOne Inc (CONE), hence the stock is down -5.91% 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 -3.9% relative to the S&P 500. The 4-week change in the price of the stock is -6.41% and the stock has fallen -3.74% in the past 1 week.

The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 6.06%.The 200 Day SMA reached 5.9%


CyrusOne Inc (NASDAQ:CONE): The stock opened in the green at $47.74 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $48.3 and a low of $47.13 for the day. The stock did not find buyers even at the lows and closed at $47.57 recording a loss of -0.25%. 1,349,055 shares exchanged hands during the trading day. The stock had closed at $47.57 in the previous days trading.

CyrusOne Inc (CONE) : The most positive equity analysts on CyrusOne Inc (CONE) expects the shares to touch $63, whereas, the least positive believes that the stock will trade at $56 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $59.64 with an expected fluctuation of $2.62 from the mean.

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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