StorageVault Canada (OTCMKTS:SVAUF) Stock Price Up 5% – Time to Buy?

StorageVault Canada Inc. (OTCMKTS:SVAUF)’s stock price rose 5% during mid-day trading on Thursday . The company traded as high as $3.75 and last traded at $3.75. Approximately 32,697 shares changed hands during mid-day trading, an increase of 70% from the average daily volume of 19,266 shares. The stock had previously closed at $3.57.

Analysts Set New Price Targets

Separately, TD Securities reiterated a “buy” rating on shares of StorageVault Canada in a research note on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

StorageVault Canada Stock Performance

The firm has a 50-day simple moving average of $3.48 and a 200-day simple moving average of $3.40.

StorageVault Canada Company Profile

StorageVault Canada is a real estate investment trust focused on owning, managing and operating self-storage facilities across Canada. The company’s portfolio includes properties under the StorageVault, The Storage Box and Guardian Self Storage brands, offering a range of unit sizes and amenities designed to meet both personal and commercial needs.

Founded in 2002 and headquartered in Winnipeg, Manitoba, StorageVault Canada has grown its footprint through strategic acquisitions and the development of new facilities.