Iron Mountain Incorporated (IRM) : During the past 4 weeks, traders have been relatively bearish on Iron Mountain Incorporated (IRM), hence the stock is down -7.68% 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 -1.69% relative to the S&P 500. The 4-week change in the price of the stock is -6.73% and the stock has fallen -1.64% in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.12% and the 50-Day Moving Average is 4.67%. Iron Mountain Incorporated (NYSE:IRM): stock turned positive on Friday. Though the stock opened at $37.04, the bulls momentum made the stock top out at $37.58 level for the day. The stock recorded a low of $37.04 and closed the trading day at $37.16, in the green by 0.32%. The total traded volume for the day was 1,280,868. The stock had closed at $37.04 in the previous days trading.
The company Insiders own 1.8% of Iron Mountain Incorporated shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.92% . Institutional Investors own 77.85% of Iron Mountain Incorporated shares. During last six month period, the net percent change held by insiders has seen a change of -33.7%. Also, JP Morgan maintains its view on Iron Mountain Incorporated (NYSE:IRM) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. JP Morgan raises the price target from $42 per share to $48 per share on Iron Mountain Incorporated. The rating by the firm was issued on August 5, 2016.
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.