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 stock in a transaction that occurred on Tuesday, April 30th. The stock was purchased at an average price of C$4.72 per share, for a total transaction 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 stock was purchased at an average price of C$5.17 per share, for a total transaction of C$99,179.52.

StorageVault Canada Price Performance

StorageVault Canada stock opened at C$6.42 on Thursday. 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. The business has a fifty day moving average of C$6.42 and a two-hundred day moving average of C$6.42. The company has a market cap of C$2.43 billion and a P/E ratio of -71.33.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SVI shares. TD Securities lowered their price objective on shares of StorageVault Canada from C$6.50 to C$6.00 and set a “buy” rating on the stock in a research report on Thursday, April 25th. National Bankshares lowered their price objective on shares of StorageVault Canada from C$6.00 to C$5.75 and set a “sector perform” rating on the stock in a research report on Wednesday, April 24th. Scotiabank lowered their price objective on shares of StorageVault Canada from C$6.50 to C$6.25 and set an “outperform” rating on the stock in a research report on Friday, April 26th. Royal Bank of Canada lowered their price objective on shares of StorageVault Canada from C$6.25 to C$6.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. Finally, Desjardins reduced their target price on 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. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$6.06.

About StorageVault Canada

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.