Access Self Storage Inc. Purchases 658,000 Shares of StorageVault Canada Inc. (CVE:SVI) Stock

StorageVault Canada Inc. (CVE:SVIGet Rating) insider Access Self Storage Inc. purchased 658,000 shares of the business’s stock in a transaction on Friday, June 10th. The stock was acquired at an average cost of C$5.74 per share, with a total value of C$3,775,340.80. Following the completion of the acquisition, the insider now directly owns 134,132,954 shares in the company, valued at approximately C$769,601,236.87.

Access Self Storage Inc. also recently made the following trade(s):

  • On Monday, May 9th, Access Self Storage Inc. purchased 100,000 shares of StorageVault Canada stock. The stock was acquired at an average cost of C$5.68 per share, with a total value of C$568,300.00.

Shares of SVI remained flat at $C$6.42 during trading hours on Tuesday. The stock had a trading volume of 168,227 shares, compared to its average volume of 147,135. The company has a market cap of C$2.43 billion and a price-to-earnings ratio of -71.33. 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 current ratio of 3.04, a quick ratio of 2.53 and a debt-to-equity ratio of 687.87. The firm has a fifty day moving average of C$6.42 and a 200 day moving average of C$6.48.

A number of analysts have commented on SVI shares. Raymond James set a C$7.75 price objective on shares of StorageVault Canada and gave the company an “outperform” rating in a research note on Thursday, May 5th. CIBC reduced their price objective on shares of StorageVault Canada from C$8.25 to C$8.00 in a research note on Friday, May 6th. Scotiabank upped their price objective on shares of StorageVault Canada from C$7.25 to C$7.50 in a research note on Monday, February 28th. Finally, TD Securities raised shares of StorageVault Canada from a “hold” rating to a “buy” rating and upped their price objective for the company from C$8.00 to C$8.50 in a research note on Thursday, May 5th.

StorageVault Canada Company Profile (Get Rating)

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.

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