CyrusOne Inc. Hits New 52-Week Low at $17.41 (CONE)
Shares of CyrusOne (NASDAQ:CONE) hit a new 52-week low during trading hours on Wednesday, Stock Ratings News reports. The company traded as low as $17.41 and last traded at $18.31, with a volume of 303,646 shares trading hands. The stock had previously closed at $18.06.
Several analysts have recently commented on the stock. Analysts at Evercore Partners initiated coverage on shares of CyrusOne in a research note to investors on Monday, September 30th. They set an “overweight” rating and a $24.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of CyrusOne in a research note to investors on Wednesday, September 18th. They now have a $25.00 price target on the stock. Finally, analysts at Jefferies Group cut their price target on shares of CyrusOne from $25.00 to $23.00 in a research note to investors on Wednesday, September 18th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. CyrusOne presently has an average rating of “Buy” and a consensus price target of $24.42.
CyrusOne has a 52 week low of $17.93 and a 52 week high of $24.84. The stock’s 50-day moving average is $19.11 and its 200-day moving average is $21.10. The company’s market cap is $401.3 million.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 15th. Stockholders of record on Friday, September 27th will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, September 25th.
CyrusOne Inc, is a owner, operator and developer of enterprise-class, carrier-neutral data center properties.
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