StorageVault Canada Inc. Purchases 25,000 Shares of StorageVault Canada Inc. (CVE:SVI) Stock

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. acquired 25,000 shares of StorageVault Canada stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average cost of C$3.92 per share, for a total transaction of C$97,930.00.

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 price of C$4.05 per share, with a total value of C$12,547.56.
• On Thursday, October 31st, StorageVault Canada Inc. bought 23,000 shares of StorageVault Canada stock. The shares were acquired at an average cost of C$4.11 per share, for a total transaction of C$94,500.10.

StorageVault Canada Stock Performance

SVI stock opened at C$6.42 on Friday. StorageVault Canada Inc. has a 1-year low of C$3.68 and a 1-year high of C$7.39. The business has a 50-day moving average price of C$6.42 and a 200 day moving average price of C$6.42. The company has a market capitalization of C$2.43 billion and a P/E ratio of -71.33. The company has a debt-to-equity ratio of 687.87, a current ratio of 3.04 and a quick ratio of 2.53.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SVI shares. TD Securities boosted their price objective on StorageVault Canada from C$6.00 to C$6.50 in a report on Wednesday, September 4th. National Bankshares lifted their target price 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 target on shares of StorageVault Canada and gave the stock a “negative” rating in a report on Tuesday. Scotiabank reduced their price target on shares of StorageVault Canada from C$5.75 to C$5.50 in a research note on Friday, October 25th. Finally, Raymond James lowered their price objective on shares of StorageVault Canada from C$5.75 to C$5.25 and set a “market perform” rating for the company in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock 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.