Iron Mountain Incorporated (IRM) has been under a strong bear grip, hence the stock is down -0.17% 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 0.43% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.37% in the last 1 week, and is up 3.18% 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 2.13% and the 50-Day Moving Average is 7.12%. Iron Mountain Incorporated is up 14.32% in the last 3-month period. Year-to-Date the stock performance stands at 57.16%.
Iron Mountain Incorporated (NYSE:IRM): On Fridays trading session , Opening price of the stock was $41.15 with an intraday high of $41.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $40.9901. However, the stock managed to close at $41.21, a loss of 0.07% for the day. On the previous day, the stock had closed at $41.24. The total traded volume of the day was 3,015,919 shares.
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.