StorageVault Canada Inc. (TSE:SVI) Insider StorageVault Canada Inc. Buys 50,000 Shares

StorageVault Canada Inc. (TSE:SVI) insider StorageVault Canada Inc. acquired 50,000 shares of StorageVault Canada stock in a transaction that occurred on Friday, January 17th. The stock was acquired at an average cost of C$3.95 per share, with a total value of C$197,440.00.

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

• On Friday, November 29th, StorageVault Canada Inc. bought 3,100 shares of StorageVault Canada stock. The shares were acquired at an average cost of C$4.05 per share, for a total transaction of C$12,547.56.
• On Thursday, November 14th, StorageVault Canada Inc. purchased 25,000 shares of StorageVault Canada stock. The stock was bought at an average cost of C$3.92 per share, with a total value of C$97,930.00.

StorageVault Canada Trading Down 0.3 %

TSE SVI traded down C$0.01 during trading on Wednesday, hitting C$3.74. 132,041 shares of the company traded hands, compared to its average volume of 344,823. The company has a market capitalization of C$1.40 billion, a P/E ratio of -46.75 and a beta of 0.89. The business has a fifty day simple moving average of C$3.91 and a 200 day simple moving average of C$4.34. StorageVault Canada Inc. has a 12 month low of C$3.55 and a 12 month high of C$5.48.

Analyst Ratings Changes

SVI has been the topic of several research reports. Cibc World Mkts upgraded shares of StorageVault Canada to a “hold” rating in a research note on Tuesday, December 17th. Scotiabank cut their price objective on StorageVault Canada from C$5.50 to C$5.25 in a report on Thursday, January 30th. CIBC set a C$5.00 price objective on StorageVault Canada and gave the company a “negative” rating in a research report on Tuesday, December 17th. Raymond James dropped their target price on StorageVault Canada from C$5.25 to C$4.70 in a research report on Monday, January 13th. Finally, Desjardins lowered StorageVault Canada from a “moderate buy” rating to a “hold” rating in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$5.62.

About StorageVault Canada

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company’s property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.