StorageVault Canada Inc. (TSE:SVI - Get Free Report) insider StorageVault Canada Inc. purchased 10,200 shares of the firm's stock in a transaction dated Tuesday, March 4th. The stock was bought at an average cost of C$3.97 per share, with a total value of C$40,446.06.
StorageVault Canada Inc. also recently made the following trade(s):
- On Monday, March 31st, StorageVault Canada Inc. bought 25,000 shares of StorageVault Canada stock. The stock was bought at an average price of C$3.95 per share, for a total transaction of C$98,742.50.
- On Friday, January 17th, StorageVault Canada Inc. bought 50,000 shares of StorageVault Canada stock. The shares were purchased at an average cost of C$3.95 per share, with a total value of C$197,440.00.
StorageVault Canada Price Performance
Shares of StorageVault Canada stock opened at C$3.65 on Friday. The business has a 50-day simple moving average of C$3.87 and a 200 day simple moving average of C$4.08. StorageVault Canada Inc. has a one year low of C$3.53 and a one year high of C$5.26. The firm has a market capitalization of C$1.34 billion, a price-to-earnings ratio of -26.57 and a beta of 0.89.
StorageVault Canada Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be given a dividend of $0.0029 per share. This represents a $0.01 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date is Monday, March 31st. StorageVault Canada's payout ratio is -7.28%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Scotiabank reduced their price objective on shares of StorageVault Canada from C$5.50 to C$5.25 in a research note on Thursday, January 30th. Cibc World Mkts raised shares of StorageVault Canada to a "hold" rating in a research report on Tuesday, December 17th. CIBC decreased their price target on StorageVault Canada from C$5.00 to C$4.75 in a report on Monday, February 24th. Raymond James raised StorageVault Canada from a "hold" rating to a "moderate buy" rating in a research note on Friday, February 21st. Finally, Canaccord Genuity Group raised StorageVault Canada from a "hold" rating to a "buy" rating and decreased their target price for the stock from C$5.00 to C$4.50 in a research note on Monday, February 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, StorageVault Canada presently has an average rating of "Moderate Buy" and a consensus target price of C$5.47.
Read Our Latest Research Report on StorageVault Canada
StorageVault Canada Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to contact@insidertrades.com.
