Iron Mountain Incorporated (IRM) Shares are Up 3.06%

Iron Mountain Incorporated (IRM) : Traders are bullish on Iron Mountain Incorporated (IRM) as it has outperformed the S&P 500 by a margin of 1.94% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.43%, 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 3.06% in the last 1 week, and is up 8.83% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Iron Mountain Incorporated (NYSE:IRM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $40.33 and $40.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $41.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $41.06, notching a gain of 1.96% for the day. The total traded volume was 1,135,341 . The stock had closed at $40.27 on the previous day.


The stock has recorded a 20-day Moving Average of 3.45% and the 50-Day Moving Average is 7.8%. Iron Mountain Incorporated is up 16.98% in the last 3-month period. Year-to-Date the stock performance stands at 56.59%.

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.

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