Large Outflow of Money Witnessed in CyrusOne Inc

CyrusOne Inc (CONE) : The total money flow in CyrusOne Inc (CONE) was negative ($1.68 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $7.28 million. In comparison, the inflow of money into the stock on upticks was $5.6 million. The uptick to downtick ratio was 0.77. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $0.97 million. The value of transactions on uptick was $0.51 million. The negative money flow of ($0.46 million) confirms the selling in CyrusOne Inc (CONE) on strength. The uptick to downtick ratio of block trades was 0.52. CyrusOne Inc (CONE) gained $0.37 at $48.24, a gain of 0.77% over the previous days close. However, the stock registered -2.39% in the week.


Shares of CyrusOne Inc. appreciated by 0.48% during the last five trading days but lost 4.66% on a 4-week basis. CyrusOne Inc. has dropped 11.68% during the last 3-month period . Year-to-Date the stock performance stands at 31.2%.

CyrusOne Inc (CONE) : 13 analysts are covering CyrusOne Inc (CONE) and their average rating on the stock is 1.46, which is read as a Strong Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CyrusOne Inc (CONE) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CyrusOne Inc (NASDAQ:CONE): The stock opened at $47.77 and touched an intraday high of $48.53 on Wednesday. During the day, the stock corrected to an intraday low of $47.77, however, the bulls stepped in and pushed the price higher to close in the green at $48.33 with a gain of 0.17% for the day. The total traded volume for the day was 949,741. The stock had closed at $48.25 in the previous trading session.

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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