StorageVault Canada (TSE:SVI) Trading Up 2.1% – Should You Buy?

StorageVault Canada Inc. (TSE:SVI)’s share price rose 2.1% during mid-day trading on Monday . The stock traded as high as C$4.45 and last traded at C$4.41. Approximately 325,100 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 349,478 shares. The stock had previously closed at C$4.32.

StorageVault Canada Trading Up 2.1%

The company’s 50 day moving average is C$4.88 and its 200 day moving average is C$4.87. The stock has a market capitalization of C$1.61 billion, a price-to-earnings ratio of -129.71 and a beta of 0.50.

StorageVault Canada (TSE:SVI) last announced its quarterly earnings results on Thursday, February 12th. The company reported C($0.04) earnings per share for the quarter. The company had revenue of C$86.74 million during the quarter. StorageVault Canada had a negative net margin of 3.74% and a negative return on equity of 12.09%.

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.