Interxion (INXN) Sets New 1-Year High and Low at $65.28

Interxion (NYSE:INXN) hit a new 52-week high and low during mid-day trading on Tuesday . The company traded as low as $65.28 and last traded at $64.74, with a volume of 374357 shares traded. The stock had previously closed at $64.54.

A number of brokerages recently issued reports on INXN. Royal Bank of Canada reiterated a “buy” rating on shares of Interxion in a report on Friday, March 9th. Zacks Investment Research cut shares of Interxion from a “buy” rating to a “hold” rating in a report on Wednesday, March 14th. TheStreet cut shares of Interxion from a “b-” rating to a “c+” rating in a report on Thursday, March 1st. Guggenheim set a $69.00 price objective on shares of Interxion and gave the stock a “buy” rating in a report on Thursday, March 8th. Finally, William Blair reiterated an “outperform” rating on shares of Interxion in a report on Wednesday, March 21st. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Interxion presently has an average rating of “Buy” and a consensus target price of $65.45.

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The company has a current ratio of 0.63, a quick ratio of 0.72 and a debt-to-equity ratio of 1.21. The firm has a market cap of $4,498.59, a PE ratio of 93.54, a PEG ratio of 5.17 and a beta of 0.68.

Interxion (NYSE:INXN) last released its quarterly earnings results on Wednesday, March 7th. The technology company reported $0.20 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.20. Interxion had a net margin of 8.61% and a return on equity of 7.55%. The company had revenue of $129.90 million during the quarter, compared to analysts’ expectations of $127.51 million. During the same period in the prior year, the company earned $0.14 earnings per share. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. equities analysts forecast that Interxion will post 0.86 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the business. Navellier & Associates Inc bought a new stake in Interxion during the fourth quarter valued at about $430,000. Next Century Growth Investors LLC bought a new stake in Interxion during the fourth quarter valued at about $5,776,000. Two Sigma Advisers LP boosted its holdings in Interxion by 119.7% during the fourth quarter. Two Sigma Advisers LP now owns 202,777 shares of the technology company’s stock valued at $11,950,000 after acquiring an additional 110,492 shares during the period. Monarch Partners Asset Management LLC boosted its holdings in Interxion by 0.4% during the fourth quarter. Monarch Partners Asset Management LLC now owns 348,443 shares of the technology company’s stock valued at $20,534,000 after acquiring an additional 1,260 shares during the period. Finally, Keybank National Association OH bought a new stake in Interxion during the fourth quarter valued at about $257,000. Institutional investors own 91.50% of the company’s stock.

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About Interxion

InterXion Holding N.V. provides carrier and cloud neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, and the rest of Europe. The company enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers.

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