StorageVault Canada (TSE:SVI) Shares Down 1% – What’s Next?

StorageVault Canada Inc. (TSE:SVI) was down 1% during mid-day trading on Friday . The company traded as low as C$4.91 and last traded at C$4.95. Approximately 539,951 shares changed hands during trading, an increase of 55% from the average daily volume of 348,972 shares. The stock had previously closed at C$5.00.

StorageVault Canada Price Performance

The business’s 50 day moving average price is C$4.94 and its 200 day moving average price is C$4.88. The stock has a market capitalization of C$1.81 billion, a P/E ratio of -145.59 and a beta of 0.64.

StorageVault Canada (TSE:SVI) last posted its earnings results on Thursday, February 12th. The company reported C($0.04) EPS for the quarter. The company had revenue of C$86.74 million during the quarter. StorageVault Canada had a negative return on equity of 28.74% and a negative net margin of 17.21%.

About StorageVault Canada

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. The Portable Storage segment involves delivering a portable storage unit to the customer. The Management Division involves revenues generated from the management of stores owned by third parties.