StorageVault Canada Inc. (CVE:SVI) Insider Buys C$94,382.00 in Stock

StorageVault Canada Inc. (CVE:SVI) insider StorageVault Canada Inc. acquired 20,000 shares of the company’s stock in a transaction on Tuesday, April 30th. The shares were bought at an average cost of C$4.72 per share, with a total value 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 shares were bought at an average cost of C$5.17 per share, with a total value of C$99,179.52.

StorageVault Canada Stock Performance

Shares of CVE:SVI opened at C$6.42 on Thursday. The firm has a market cap of C$2.43 billion and a PE ratio of -71.33. The firm’s 50 day simple moving average is C$6.42 and its 200-day simple moving average is C$6.42. StorageVault Canada Inc. has a one year low of C$3.68 and a one year high of C$7.39. The company has a debt-to-equity ratio of 687.87, a quick ratio of 2.53 and a current ratio of 3.04.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. National Bankshares dropped their price objective on shares of 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 dropped their price objective on shares of StorageVault Canada from C$6.25 to C$6.00 and set an “outperform” rating for the company in a report on Friday, April 26th. Desjardins dropped 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 report on Friday, April 26th. TD Securities dropped their price objective on shares of StorageVault Canada from C$6.50 to C$6.00 and set a “buy” rating for the company in a report on Thursday, April 25th. Finally, Raymond James dropped their price objective on shares of StorageVault Canada from C$6.25 to C$5.75 and set a “market perform” 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$6.06.

StorageVault Canada Company Profile

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.