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Shares of Iron Mountain (NYSE:IRM) hit a new 52-week low during trading on Wednesday, American Banking News reports. The stock traded as low as $25.51 and last traded at $25.71, with a volume of 511,026 shares trading hands. The stock had previously closed at $25.86.

A number of analysts have recently weighed in on IRM shares. Analysts at Zacks reiterated a “neutral” rating on shares of Iron Mountain in a research note to investors on Friday, August 30th. They now have a $28.00 price target on the stock. Separately, analysts at Piper Jaffray Cos. reiterated a “buy” rating on shares of Iron Mountain in a research note to investors on Thursday, August 29th. They now have a $39.49 price target on the stock. Finally, analysts at Barclays Capital cut their price target on shares of Iron Mountain from $32.00 to $30.00 in a research note to investors on Thursday, August 29th. They now have an “equal weight” rating on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $36.30.

Iron Mountain has a 52-week low of $25.53 and a 52-week high of $39.71. The stock’s 50-day moving average is $26.86 and its 200-day moving average is $31.1. The company has a market cap of $4.910 billion and a P/E ratio of 38.48.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The company had revenue of $755.00 million for the quarter, compared to the consensus estimate of $763.42 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts predict that Iron Mountain will post $1.11 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 15th. Investors of record on Wednesday, September 25th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 4.20%. The ex-dividend date is Monday, September 23rd.

Iron Mountain Incorporated (NYSE:IRM) is engaged in storing records, primarily paper documents and data backup media, and provide information management services.

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