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

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. acquired 3,100 shares of StorageVault Canada stock in a transaction dated 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. bought 25,000 shares of StorageVault Canada stock. The shares were acquired at an average price of C$3.92 per share, with a total value of C$97,930.00.
• On Thursday, October 31st, StorageVault Canada Inc. bought 23,000 shares of StorageVault Canada stock. The stock was bought at an average price of C$4.11 per share, for a total transaction of C$94,500.10.

StorageVault Canada Stock Performance

Shares of CVE SVI remained flat at C$6.42 during mid-day trading on Tuesday. 168,227 shares of the stock were exchanged, compared to its average volume of 147,135. The company has a debt-to-equity ratio of 687.87, a current ratio of 3.04 and a quick ratio of 2.53. StorageVault Canada Inc. has a 1-year low of C$3.68 and a 1-year high of C$7.39. The stock has a fifty day simple moving average of C$6.42 and a 200 day simple moving average of C$6.42. The firm has a market capitalization of C$2.43 billion and a PE ratio of -71.33.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on SVI shares. CIBC set a C$5.00 price target on StorageVault Canada and gave the stock a “negative” rating in a research note on Tuesday. TD Securities lifted their target price on shares of StorageVault Canada from C$6.00 to C$6.50 in a research report on Wednesday, September 4th. Raymond James reduced their price target 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. Scotiabank lowered their price objective on shares of StorageVault Canada from C$5.75 to C$5.50 in a research report on Friday, October 25th. Finally, National Bankshares increased their target price on StorageVault Canada from C$5.75 to C$6.00 in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently 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.