Iron Mountain Rises on Low Volume – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/21429/Iron+Mountain+Rises+on+Low+Volume+-+Zacks+Tale+of+the+TapePosted on Wednesday, June 24th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Iron Mountain Inc. (IRM) shares gained about 1.5% this afternoon amid lower volume of 513,000 shares, versus the daily average of 1.15 million.
This Zacks #1 Rank (”Strong Buy”) company posted first-quarter earnings of 20 cents per share, which beat analysts’ expectations by 66.7%.
The 2009 consensus estimate now stands at 85 cents per share, compared to a forecast of 82 cents a month ago. Three analysts out of 9 had lifted projections in that time period.
“IRM” Free Stock Analysis: Buy? Sell? Hold?
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