Shurgard Self Storage (OTCMKTS:SSSAF) Trading Down 5.6% – Here’s What Happened

Shurgard Self Storage Ltd (OTCMKTS:SSSAF)’s stock price was down 5.6% on Tuesday . The company traded as low as $35.89 and last traded at $35.89. Approximately 190 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 350 shares. The stock had previously closed at $38.00.

Wall Street Analysts Forecast Growth

Separately, Citigroup initiated coverage on shares of Shurgard Self Storage in a research note on Tuesday, September 23rd. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Shurgard Self Storage presently has a consensus rating of “Buy”.

Shurgard Self Storage Stock Performance

The stock has a 50 day simple moving average of $39.54 and a 200-day simple moving average of $39.69.

About Shurgard Self Storage

Shurgard Self Storage Ltd, together with its subsidiaries, engages in the acquisition, development, and operation of self-storage facilities for business and personal use. The company also offers various ancillary services at its self-storage facilities consisting of sale of storage products and provision of protection through an independent insurance company for customers' stored goods.