StorageVault Canada Inc. (CVE:SVI) Receives C$5.81 Average PT from Analysts

Shares of StorageVault Canada Inc. (CVE:SVI) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$5.72.

A number of research firms have issued reports on SVI. TD Securities raised their price target on shares of StorageVault Canada from C$6.00 to C$6.50 in a report on Wednesday, September 4th. Raymond James cut their target price on StorageVault Canada from C$5.75 to C$5.25 and set a “market perform” rating on the stock in a research report on Thursday, October 24th. National Bankshares lifted their price target on StorageVault Canada from C$5.75 to C$6.00 in a research report on Wednesday, October 9th. CIBC set a C$5.00 price objective on StorageVault Canada and gave the company a “negative” rating in a report on Tuesday. Finally, Scotiabank decreased their target price on StorageVault Canada from C$5.75 to C$5.50 in a report on Friday, October 25th.

Insider Activity at StorageVault Canada

In other news, insider StorageVault Canada Inc. purchased 23,000 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average price of C$4.11 per share, for a total transaction of C$94,500.10. Over the last ninety days, insiders purchased 51,100 shares of company stock worth $204,978.

StorageVault Canada Stock Performance

Shares of StorageVault Canada stock opened at C$6.42 on Thursday. The company has a 50 day moving average price of C$6.42 and a 200 day moving average price of C$6.42. The firm has a market capitalization of C$2.43 billion and a P/E ratio of -71.33. The company has a quick ratio of 2.53, a current ratio of 3.04 and a debt-to-equity ratio of 687.87. StorageVault Canada has a 52 week low of C$3.68 and a 52 week high of C$7.39.

StorageVault Canada Company Profile

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.