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

StorageVault Canada Inc. (TSE:SVI) Director Deborah Wallis Robinson bought 5,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of C$3.98 per share, with a total value of C$19,880.00.

StorageVault Canada Trading Up 0.5 %

Shares of StorageVault Canada stock opened at C$3.98 on Thursday. The company’s fifty day simple moving average is C$4.00 and its two-hundred day simple moving average is C$4.47. StorageVault Canada Inc. has a 12-month low of C$3.82 and a 12-month high of C$5.48. The company has a market cap of C$1.48 billion, a P/E ratio of -49.75 and a beta of 0.89.

StorageVault Canada (TSE:SVI) last released its quarterly earnings results on Wednesday, October 23rd. The company reported C($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter.

Wall Street Analysts Forecast Growth

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

About StorageVault Canada

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.