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After Yesterday's Decline of 2.04%, Cyrusone Inc Offers Investors Better Value

By Nick Russo

Cyrusone Inc (NASDAQ:CONE) traded in a range yesterday that spanned from a low of $71.77 to a high of $74.65. Yesterday, the shares fell 2.0%, which took the trading range below the 3-day low of $72.11 on volume of 389,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Cyrusone Inc and will alert subscribers who have CONE in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Cyrusone Inc have traded between a low of $43.72 and a high of $79.65 and are now at $72.61, which is 66% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.

Keywords: rebounders cyrusone inc

Ticker(s): CONE