StorageVault Canada Inc. (CVE:SVI) Insider Purchases 3,100 Shares

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. purchased 3,100 shares of the firm’s stock in a transaction on Friday, November 29th. The shares were acquired at an average price of C$4.05 per share, with a total value of C$12,547.56.

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

• On Thursday, November 14th, StorageVault Canada Inc. acquired 25,000 shares of StorageVault Canada stock. The stock was acquired at an average cost of C$3.92 per share, for a total transaction of C$97,930.00.
• On Thursday, October 31st, StorageVault Canada Inc. bought 23,000 shares of StorageVault Canada stock. The stock was acquired at an average price of C$4.11 per share, for a total transaction of C$94,500.10.

StorageVault Canada Stock Performance

CVE SVI opened at C$6.42 on Thursday. The business’s fifty day moving average is C$6.42 and its 200-day moving average is C$6.42. The company has a debt-to-equity ratio of 687.87, a current ratio of 3.04 and a quick ratio of 2.53. The stock has a market capitalization of C$2.43 billion and a price-to-earnings ratio of -71.33. StorageVault Canada Inc. has a one year low of C$3.68 and a one year high of C$7.39.

Analyst Ratings Changes

A number of analysts have commented on the company. 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 increased 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 research note on Tuesday. Scotiabank reduced their target price on shares of StorageVault Canada from C$5.75 to C$5.50 in a research note on Friday, October 25th. Finally, Raymond James dropped their price target on shares of 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target 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.