StorageVault Canada Inc. Buys 20,000 Shares of StorageVault Canada Inc. (CVE:SVI) Stock

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. bought 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 30th. The shares were purchased at an average price of C$4.72 per share, for a total transaction of C$94,382.00.

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

• On Thursday, March 28th, StorageVault Canada Inc. acquired 19,200 shares of StorageVault Canada stock. The stock was acquired at an average cost of C$5.17 per share, with a total value of C$99,179.52.

StorageVault Canada Price Performance

SVI stock remained flat at C$6.42 during trading on Monday. 168,227 shares of the company’s stock traded hands, compared to its average volume of 147,135. The company has a quick ratio of 2.53, a current ratio of 3.04 and a debt-to-equity ratio of 687.87. The stock has a market cap of C$2.43 billion and a PE ratio of -71.33. The firm’s 50 day moving average price is C$6.42 and its two-hundred day moving average price is C$6.42. StorageVault Canada Inc. has a 12-month low of C$3.68 and a 12-month high of C$7.39.

Wall Street Analyst Weigh In

A number of analysts have issued reports on SVI shares. Scotiabank decreased their price target on StorageVault Canada from C$6.50 to C$6.25 and set an “outperform” rating on the stock in a research note on Friday, April 26th. National Bankshares decreased their target price on StorageVault Canada from C$6.00 to C$5.75 and set a “sector perform” rating for the company in a report on Wednesday, April 24th. Royal Bank of Canada reduced their target price on shares of StorageVault Canada from C$6.25 to C$6.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Desjardins lowered their price target on StorageVault Canada from C$6.25 to C$6.00 and set a “buy” rating for the company in a report on Friday, April 26th. Finally, TD Securities decreased their target price on StorageVault Canada from C$6.50 to C$6.00 and set a “buy” rating for the company in a research report on Thursday, April 25th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, StorageVault Canada has a consensus rating of “Moderate Buy” and an average target price of C$6.06.

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.