CyrusOne Inc. (NASDAQ:CONE) went up by 0.88% from its latest closing price when compared to the 1-year high value of $79.73 and move down -7.06%, while CONE stocks collected -1.95% of loss with the last five trading sessions. Press Release reported 15 hours ago that CyrusOne Announces Bruce W. Duncan as President & CEO
CyrusOne Inc. (NASDAQ:CONE) Worth an Investment?
CyrusOne Inc. (NASDAQ: CONE) The 36 Months beta value for CONE stocks is at 0.43, while of the analysts out of 0 who provided ratings for CyrusOne Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $77.22 which is $2.53 above current price. CONE currently has a short float of 5.58% and public float of 114.45M with average trading volume of 1.40M shares.
CONE Market Performance
CONE stocks went down by -1.95% for the week, with the monthly jump of 0.17% and a quarterly performance of 21.21%, while its annual performance rate touched 29.02%. The simple moving average for the period of the last 20 days is -0.54% for CONE stocks with the simple moving average of 10.25% for the last 200 days.
Analysts’ Opinion on CyrusOne Inc. (NASDAQ:CONE)
Many brokerage firms have already submitted their reports for CONE stocks, with Deutsche Bank repeating the rating for CONE shares by setting it to “Buy”. The predicted price for CONE socks in the upcoming period according to Deutsche Bank is $83 based on the research report published on June 5, 2020.
Jefferies, on the other hand, stated in their research note that they expect to see CONE stock at the price of $81. The rating they have provided for CONE stocks is “Buy” according to the report published on May 4, 2020.
Citigroup gave “ Neutral” rating to CONE stocks, setting the target price at $81 in the report published on March 17, 2020.
CONE Stocks 2.33% Far from 50 Day Moving Average
After a stumble in the market that brought CONE to its low price for the period of the last 52 weeks, CyrusOne Inc. was unable to take a rebound, for now settling with -6.60% of loss for the given period.
The stock volatility was left at 3.70%, however, within the period of a single month, the volatility rate increased by 3.65%, while the shares surge at the distance of +0.36% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +8.01% upper at the present time.
In the course of the last 5 trading sessions, CONE went down by -1.95%, which changed the moving average for the period of 200 days to the total of +0.40% of gains for the stock in comparison to the 20-day moving average settled at $74.88. In addition, CyrusOne Inc. saw 13.82% in overturn over the period of a single year with a tendency to cut further gains.
CONE Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at CyrusOne Inc. (CONE), starting from Jackson Robert M, who sold 24,164 shares at the price of $75.39 back on Jun 16. After this action, Rushing now owns 24,478 shares of CyrusOne Inc., valued at $1,821,642 with the latest closing price.
Timmons Kevin L, the EVP & Chief Technology Officer of CyrusOne Inc., sold 5,000 shares at the value of $73.45 during a trade that took place back on Jun 01, which means that Timmons Kevin L is holding 43,492 shares at the value of $367,242 based on the most recent closing price.
CONE Stock Fundamentals
The current profitability levels are settled at +11.26 for the present operating margin and +23.56 for gross margin. The net margin for CyrusOne Inc. stands at +3.88. Total capital return value is set at 2.24, while invested capital returns managed to touch 0.77. Equity return holds the value -1.40%, with -0.60% for asset returns.
Based on CyrusOne Inc. (CONE), the company’s capital structure generated 127.91 points for debt to equity in total, while total debt to capital is set at the value of 56.12. Total debt to assets is settled at the value of 50.56 with long-term debt to equity ratio rests at 1.73 and long-term debt to capital is 126.79.
The value for Enterprise to Sales is 9.92 with debt to enterprise value settled at 0.30. The receivables turnover for CyrusOne Inc. is 3.98 with the total asset turnover at the value of 0.18.