CyrusOne Inc. (NASDAQ:CONE) went up by 0.04% from its latest closing price compared to the recent 1-year high of $90.35. The company’s stock price has collected -0.32% of loss in the last five trading sessions. Press Release reported on 01/10/22 that Halper Sadeh LLP Investigates TACO, CONE, VG, QDEL, SKIL; Shareholders are Encouraged to Contact the Firm
Is It Worth Investing in CyrusOne Inc. (NASDAQ :CONE) Right Now?
CyrusOne Inc. (NASDAQ:CONE) scored a price-to-earnings ratio above its average ratio, recording 213.20 x from its present earnings ratio. Plus, the 36-month beta value for CONE is at 0.40.
CONE currently public float of 126.24M and currently shorts hold a 6.69% ratio of that float. Today, the average trading volume of CONE was 2.98M shares.
CONE’s Market Performance
CONE stocks went down by -0.32% for the week, with a monthly drop of -0.07% and a quarterly performance of 17.55%, while its annual performance rate touched 29.65%. The volatility ratio for the week stands at 0.21% while the volatility levels for the past 30 days are set at 0.34% for CyrusOne Inc.. The simple moving average for the period of the last 20 days is -0.37% for CONE stocks with a simple moving average of 14.71% for the last 200 days.
Analysts’ Opinion of CONE
Many brokerage firms have already submitted their reports for CONE stocks, with Cowen repeating the rating for CONE by listing it as a “Outperform.” The predicted price for CONE in the upcoming period, according to Cowen is $90 based on the research report published on October 20th of the previous year 2021.
Wolfe Research, on the other hand, stated in their research note that they expect to see CONE reach a price target of $80. The rating they have provided for CONE stocks is “Peer Perform” according to the report published on October 13th, 2021.
Wells Fargo gave a rating of “Equal Weight” to CONE, setting the target price at $78 in the report published on October 13th of the previous year.
CONE Trading at 1.54% from the 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, the company was unable to rebound, for now settling with -1.13% of loss for the given period.
Volatility was left at 0.34%, however, over the last 30 days, the volatility rate increased by 0.21%, as shares sank -0.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.91% upper at present.
During the last 5 trading sessions, CONE fell by -0.32%, which changed the moving average for the period of 200-days by +29.58% in comparison to the 20-day moving average, which settled at $89.66. In addition, CyrusOne Inc. saw -0.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CONE starting from Ferdman David H., who sale 5,000 shares at the price of $79.63 back on Jun 11. After this action, Ferdman David H. now owns 76,666 shares of CyrusOne Inc., valued at $398,160 using the latest closing price.
Ferdman David H., the Director of CyrusOne Inc., sale 10,000 shares at $73.15 during a trade that took place back on May 21, which means that Ferdman David H. is holding 81,666 shares at $731,500 based on the most recent closing price.
Stock Fundamentals for CONE
Equity return is now at value 1.90, with 0.70 for asset returns.