Iron Mountain Stock Hits New 52-Week Low (IRM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Iron Mountain (NYSE: IRM) hit a new 52-week low Monday as it is currently trading at $26.43, below its previous 52-week low of $26.70 with 26,452 shares traded as of 9:30 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

Iron Mountain has a market cap of $5.26 billion and is part of the technology sector and computer software & services industry. Shares are down 13.6% year to date as of the close of trading on Friday.

Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 47.5, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Iron Mountain as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and generally higher debt management risk. You can view the full Iron Mountain Ratings Report.

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