Global Self Storage, Inc. (NASDAQ:SELF - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.12 and traded as low as $5.01. Global Self Storage shares last traded at $5.06, with a volume of 30,494 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Alliance Global Partners began coverage on Global Self Storage in a research report on Friday, October 18th. They set a "buy" rating and a $6.50 target price on the stock.
Read Our Latest Analysis on SELF
Global Self Storage Stock Performance
The company has a market cap of $56.98 million, a P/E ratio of 26.63 and a beta of 0.25. The firm has a 50 day moving average price of $5.12 and a 200-day moving average price of $4.91.
Global Self Storage Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 17th were paid a dividend of $0.072 per share. The ex-dividend date was Tuesday, September 17th. This represents a $0.29 annualized dividend and a yield of 5.69%. Global Self Storage's payout ratio is 152.63%.
Hedge Funds Weigh In On Global Self Storage
Several large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in Global Self Storage by 4.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 55,866 shares of the financial services provider's stock valued at $272,000 after acquiring an additional 2,152 shares in the last quarter. Core Wealth Partners LLC acquired a new position in Global Self Storage in the 1st quarter valued at approximately $44,000. Finally, Northwest Capital Management Inc acquired a new position in Global Self Storage in the 3rd quarter valued at approximately $4,734,000. Institutional investors and hedge funds own 28.88% of the company's stock.
Global Self Storage Company Profile
(
Get Free Report)
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.
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