Deborah Wallis Robinson Acquires 5,000 Shares of StorageVault Canada Inc. (TSE:SVI) Stock

StorageVault Canada Inc. (TSE:SVI) Director Deborah Wallis Robinson purchased 5,000 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was bought at an average price of C$3.98 per share, for a total transaction of C$19,880.00.

StorageVault Canada Price Performance

StorageVault Canada stock opened at C$3.93 on Friday. The business has a 50 day simple moving average of C$4.00 and a 200 day simple moving average of C$4.47. The company has a market capitalization of C$1.47 billion, a PE ratio of -49.13 and a beta of 0.89. StorageVault Canada Inc. has a one year low of C$3.82 and a one year high of C$5.48.

StorageVault Canada (TSE:SVI) last released its quarterly earnings data on Wednesday, October 23rd. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.08). StorageVault Canada had a negative return on equity of 14.77% and a negative net margin of 9.49%. The company had revenue of C$78.96 million for the quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SVI shares. National Bankshares increased their target price on shares of StorageVault Canada from C$5.75 to C$6.00 in a research note on Wednesday, October 9th. Desjardins downgraded StorageVault Canada from a “moderate buy” rating to a “hold” rating in a research report on Thursday, October 24th. Scotiabank decreased their price objective on StorageVault Canada from C$5.75 to C$5.50 in a report on Friday, October 25th. Cibc World Mkts upgraded StorageVault Canada to a “hold” rating in a research note on Tuesday, December 17th. Finally, CIBC set a C$5.00 target price on StorageVault Canada and gave the stock a “negative” rating in a research report on Tuesday, December 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$5.65.

StorageVault Canada Company Profile

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company’s property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations.