Global Self Storage (NASDAQ:SELF) Stock Price Crosses Below 50-Day Moving Average of $4.30

Global Self Storage, Inc. (NASDAQ:SELF) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.30 and traded as low as $4.17. Global Self Storage shares last traded at $4.21, with a volume of 12,619 shares.

Global Self Storage Stock Performance

The firm has a market capitalization of $46.94 million, a PE ratio of 16.19 and a beta of 0.21. The company has a fifty day moving average price of $4.30 and a 200-day moving average price of $4.49.

Global Self Storage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $0.072 per share. The ex-dividend date was Thursday, March 14th. This represents a $0.29 annualized dividend and a yield of 6.84%. Global Self Storage’s payout ratio is presently 111.54%.

Institutional Trading of Global Self Storage

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Balboa Wealth Partners raised its holdings in Global Self Storage by 48.5% during the 3rd quarter. Balboa Wealth Partners now owns 16,259 shares of the financial services provider’s stock valued at $79,000 after buying an additional 5,309 shares during the period. Towneley Capital Management Inc DE purchased a new stake in Global Self Storage during the 4th quarter valued at $200,000. Financial Gravity Asset Management Inc. bought a new position in Global Self Storage in the 3rd quarter valued at $343,000. Kestra Private Wealth Services LLC bought a new position in Global Self Storage in the 3rd quarter valued at $156,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in Global Self Storage in the 3rd quarter valued at $121,000. Hedge funds and other institutional investors own 28.88% of the company’s stock.

About Global Self Storage

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.