Shurgard Self Storage (OTCMKTS:SSSAF) Shares Down 2.1% – Here’s What Happened

Shurgard Self Storage Ltd (OTCMKTS:SSSAF)’s share price fell 2.1% during mid-day trading on Wednesday . The company traded as low as $27.10 and last traded at $27.40. Approximately 1,776 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 1,459 shares. The stock had previously closed at $28.00.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. BNP Paribas Exane initiated coverage on Shurgard Self Storage in a research note on Wednesday, July 1st. They set an “outperform” rating on the stock. Citigroup reissued a “buy” rating on shares of Shurgard Self Storage in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft lowered Shurgard Self Storage to a “hold” rating in a research report on Wednesday, August 19th. Finally, Barclays cut Shurgard Self Storage to an “underweight” rating in a research note on Monday. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Shurgard Self Storage currently has a consensus rating of “Hold”.

Shurgard Self Storage Price Performance

The business’s fifty day simple moving average is $29.00 and its 200-day simple moving average is $30.51.

Shurgard Self Storage Company Profile

Shurgard Self Storage SA (OTCMKTS:SSSAF) is one of Europe’s leading providers of self storage solutions, offering flexible, secure storage units for personal and business use. Founded in 1995 and headquartered in Brussels, Belgium, the company delivers a range of unit sizes to accommodate household belongings, archival records, inventory and recreational gear. Shurgard facilities feature 24/7 access, CCTV surveillance, climate control and optional insurance coverage, supporting a diverse customer base from individuals in transition to small and medium-sized enterprises seeking scalable storage space.

With a network of more than 200 locations across eight countries—Belgium, France, the Netherlands, Germany, Sweden, Denmark, Norway and the United Kingdom—Shurgard combines strategic urban and suburban property selection with an emphasis on high-traffic accessibility.