StorageVault Canada (OTCMKTS:SVAUF) Stock Price Up 2.7% – Here’s What Happened

StorageVault Canada Inc. (OTCMKTS:SVAUF)’s stock price shot up 2.7% during trading on Wednesday . The stock traded as high as $3.46 and last traded at $3.46. 4,400 shares changed hands during trading, a decline of 82% from the average session volume of 24,150 shares. The stock had previously closed at $3.37.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on SVAUF shares. BMO Capital Markets started coverage on shares of StorageVault Canada in a research report on Wednesday, August 27th. They issued an “outperform” rating for the company. TD Securities reissued a “buy” rating on shares of StorageVault Canada in a report on Thursday, October 23rd. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

StorageVault Canada Stock Up 2.7%

The business’s fifty day moving average price is $3.51 and its 200 day moving average price is $3.27.

StorageVault Canada Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.0022 per share. This represents a yield of 24.0%. The ex-dividend date of this dividend was Monday, September 29th.

About StorageVault Canada

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space to individual and commercial customers in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages various stores owned by third parties; and stores, shreds, and manages documents and records for customers.