StorageVault Canada Inc. Acquires 3,100 Shares of StorageVault Canada Inc. (CVE:SVI) Stock

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. purchased 3,100 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were acquired at an average price of C$4.05 per share, for a total transaction of C$12,547.56.

StorageVault Canada Inc. also recently made the following trade(s):

• On Thursday, November 14th, StorageVault Canada Inc. bought 25,000 shares of StorageVault Canada stock. The shares were bought at an average cost of C$3.92 per share, with a total value of C$97,930.00.
• On Thursday, October 31st, StorageVault Canada Inc. purchased 23,000 shares of StorageVault Canada stock. The stock was bought at an average price of C$4.11 per share, for a total transaction of C$94,500.10.

StorageVault Canada Stock Performance

CVE:SVI opened at C$6.42 on Thursday. StorageVault Canada Inc. has a 12 month low of C$3.68 and a 12 month high of C$7.39. The company has a current ratio of 3.04, a quick ratio of 2.53 and a debt-to-equity ratio of 687.87. The stock has a market capitalization of C$2.43 billion and a price-to-earnings ratio of -71.33. The firm has a fifty day simple moving average of C$6.42 and a two-hundred day simple moving average of C$6.42.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SVI shares. Raymond James cut their price objective on StorageVault Canada from C$5.75 to C$5.25 and set a “market perform” rating on the stock in a research note on Thursday, October 24th. CIBC set a C$5.00 price target on shares of StorageVault Canada and gave the stock a “negative” rating in a research report on Tuesday. National Bankshares upped their price objective on shares of StorageVault Canada from C$5.75 to C$6.00 in a research note on Wednesday, October 9th. Scotiabank lowered their target price on shares of StorageVault Canada from C$5.75 to C$5.50 in a research note on Friday, October 25th. Finally, TD Securities upped their price target on shares of StorageVault Canada from C$6.00 to C$6.50 in a research report on Wednesday, September 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, StorageVault Canada presently has an average rating of “Moderate Buy” and a consensus target price of C$5.72.

About StorageVault Canada

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages 45 stores owned by third parties; and stores, shreds, and manages documents and records for customers.