StorageVault Canada Inc. (CVE:SVI) Receives Consensus Rating of “Moderate Buy” from Analysts

StorageVault Canada Inc. (CVE:SVIGet Free Report) has received an average rating of “Moderate Buy” from the seven analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is C$5.81.

Several research firms have recently weighed in on SVI. Cormark cut their price objective on StorageVault Canada from C$6.25 to C$5.50 in a report on Friday, July 26th. Scotiabank cut their price target on shares of StorageVault Canada from C$5.75 to C$5.50 in a research note on Friday. Raymond James lowered their price objective on shares of StorageVault Canada from C$5.75 to C$5.25 and set a “market perform” rating for the company in a research report on Thursday. TD Securities raised their price objective on shares of StorageVault Canada from C$6.00 to C$6.50 in a report on Wednesday, September 4th. Finally, National Bankshares upped their target price on shares of StorageVault Canada from C$5.75 to C$6.00 in a research note on Wednesday, October 9th.

Read Our Latest Research Report on SVI

Insider Transactions at StorageVault Canada

In other StorageVault Canada news, Director Benjamin Harris bought 30,000 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The stock was acquired at an average price of C$4.94 per share, with a total value of C$148,260.00. In related news, Director Benjamin Harris bought 30,000 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The shares were acquired at an average price of C$4.94 per share, for a total transaction of C$148,260.00. Also, Director Jay Lynne Fleming sold 75,500 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of C$5.00, for a total value of C$377,500.00.

StorageVault Canada Price Performance

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

About StorageVault Canada

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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.

Further Reading

Analyst Recommendations for StorageVault Canada (CVE:SVI)

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