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 StorageVault Canada stock in a transaction dated Monday, January 13th. The stock was bought at an average cost of C$3.98 per share, with a total value of C$19,880.00.

StorageVault Canada Stock Performance

SVI opened at C$3.93 on Friday. The company has a market cap of C$1.47 billion, a PE ratio of -49.13 and a beta of 0.89. The stock has a 50-day moving average of C$4.00 and a 200-day moving average of C$4.47. StorageVault Canada Inc. has a 52-week low of C$3.82 and a 52-week high of C$5.48.

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

Analysts Set New Price Targets

SVI has been the topic of several research reports. National Bankshares upped their price objective on shares of StorageVault Canada from C$5.75 to C$6.00 in a research note on Wednesday, October 9th. Cibc World Mkts upgraded StorageVault Canada to a “hold” rating in a report on Tuesday, December 17th. Scotiabank lowered their target price on StorageVault Canada from C$5.75 to C$5.50 in a research note on Friday, October 25th. 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. Finally, Raymond James reduced their price target on StorageVault Canada from C$5.25 to C$4.70 in a report on Monday. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.