Iron Mountain Incorporated® (NYSE: IRM) stock identified change of 19.29% away from 52-week low price and recently located move of -2.44% off 52-week high price. It has market worth of $10257.31M and dividend yield of 6.77%. IRM stock has been recorded 7.04% away from 50 day moving average and 5.63% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.78% off 20-day moving average.
Iron Mountain Incorporated® (NYSE: IRM) publicized the launch of Iron Mountain® Iron Cloud™ Object Storage in Canada. Iron Cloud is a secure cloud-based storage platform for enterprise-class data management that delivers confidence in the integrity, availability and protection of digital assets, enabling organizations to mitigate risk, increase operational efficiency and drive value from secondary data. Iron Cloud Object Storage extends customer backup and archive environments to the cloud with geo-resilient, scalable cloud storage without any additional fees for data access or egress, enabling more predictable costs for data management.
As a cloud storage platform for data management, Iron Cloud not only solves for ‘where’ to store data but also for the demanding challenges of protecting, preserving and accessing digital assets to address business and compliance requirements. The Iron Cloud family of products and services is a best fit for hybrid, multi-tier storage environments, adding business value by driving cloud and data storage costs down, and optimizing data security, accessibility and performance. With the availability of Iron Cloud Object Storage solutions in Canada, Iron Mountain delivers a comprehensive portfolio of data management services, which also includes Iron Cloud Server Backup, Iron Cloud Disaster Recovery, offsite tape vaulting, data restoration and migration services and secure IT asset disposition services.
Iron Cloud Object Storage enables backup and archive within a secure, resilient cloud storage environment. The solution provides:
• Secure data protection: Intelligent data protection, directly built into the Iron Cloud platform featuring zero-trust network architectures, geo-resiliency and data encryption – both in transit and at rest – and a secure chain of custody to ensure the highest standard of protection and compliance of secondary data and long-term retention assets.
• Predictable cost: Iron Cloud’s simple pricing model features built-in geo-replication right out of the box. It does not charge additional fees for data access, egress, ingress or support requests, saving customers thousands of dollars annually.
• Flexible storage options: Iron Mountain delivers a comprehensive solutions portfolio to assist its customers to modernize their IT environments from tape to cloud, driving both IT and business efficiencies. By leveraging Iron Mountain’s Data Restoration and Migration Services with Iron Cloud, customers are able to get on-demand access to data from both tape and cloud, helping customers eliminate the burden and costs associated with long-term data retention and management.
The Technology sector company, Iron Mountain Incorporated noticed change of 0.39% to $36.05 along volume of 1609371 shares in recent session compared to an average volume of 1984.4K. The stock observed return of 1.75% in 5 days trading activity. The stock was at 17.66% over one month performance. IRM’s shares are at 12.55% for the quarter and driving a 0.78% return over the course of the past year and is now at 11.23% since this point in 2018.
The average volatility for the week at 1.34% and for month was at 2.08%. There are 284.53M shares outstanding and 280.3M shares are floated in market. Right now the stock beta is 0.71.