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

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. purchased 20,000 shares of the stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average cost 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. bought 19,200 shares of StorageVault Canada stock. The stock was acquired at an average cost of C$5.17 per share, for a total transaction of C$99,179.52.

StorageVault Canada Price Performance

CVE SVI opened at C$6.42 on Wednesday. StorageVault Canada Inc. has a 1-year low of C$3.68 and a 1-year high of C$7.39. The company has a market capitalization of C$2.43 billion and a price-to-earnings ratio of -71.33. The stock’s 50 day moving average is C$6.42 and its two-hundred day moving average is C$6.42. The company has a current ratio of 3.04, a quick ratio of 2.53 and a debt-to-equity ratio of 687.87.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. TD Securities reduced their price objective 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. National Bankshares decreased their price target on shares of StorageVault Canada from C$6.00 to C$5.75 and set a “sector perform” rating on the stock in a research report on Wednesday, April 24th. Desjardins cut their price objective on shares of StorageVault Canada from C$6.25 to C$6.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Raymond James decreased their target price on StorageVault Canada from C$6.25 to C$5.75 and set a “market perform” rating on the stock in a research report on Friday, April 26th. Finally, Scotiabank cut their price target on StorageVault Canada from C$6.50 to C$6.25 and set an “outperform” rating for the company in a report on Friday, April 26th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, StorageVault Canada currently has a consensus rating of “Moderate Buy” and a consensus 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.