StorageVault Canada (OTCMKTS:SVAUF) Stock Price Up 0.7% – Still a Buy?

StorageVault Canada Inc. (OTCMKTS:SVAUF) rose 0.7% during trading on Tuesday . The stock traded as high as $3.01 and last traded at $3.01. 47,095 shares traded hands during trading, an increase of 35% from the average session volume of 34,913 shares. The stock had previously closed at $2.99.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of StorageVault Canada in a research note on Friday, July 24th. Raymond James Financial upgraded shares of StorageVault Canada from an “outperform” rating to a “strong-buy” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat.com, StorageVault Canada currently has a consensus rating of “Buy”.

StorageVault Canada Price Performance

The business’s fifty day moving average price is $3.28 and its 200-day moving average price is $3.26.

StorageVault Canada Company Profile

StorageVault Canada is a real estate investment trust focused on owning, managing and operating self-storage facilities across Canada. The company’s portfolio includes properties under the StorageVault, The Storage Box and Guardian Self Storage brands, offering a range of unit sizes and amenities designed to meet both personal and commercial needs.

Founded in 2002 and headquartered in Winnipeg, Manitoba, StorageVault Canada has grown its footprint through strategic acquisitions and the development of new facilities.