StorageVault Canada Inc. (TSE:SVI) Insider Acquires C$197,440.00 in Stock

StorageVault Canada Inc. (TSE:SVI - Get Free Report) insider StorageVault Canada Inc. bought 50,000 shares of the business's stock in a transaction dated Friday, January 17th. The stock was purchased at an average price of C$3.95 per share, for a total transaction of C$197,440.00.

StorageVault Canada Inc. also recently made the following trade(s):

• On Friday, November 29th, StorageVault Canada Inc. purchased 3,100 shares of StorageVault Canada stock. The shares were purchased at an average cost of C$4.05 per share, with a total value of C$12,547.56.
• On Thursday, November 14th, StorageVault Canada Inc. acquired 25,000 shares of StorageVault Canada stock. The shares were purchased at an average cost of C$3.92 per share, with a total value of C$97,930.00.

StorageVault Canada Stock Down 0.5 %

Shares of TSE:SVI traded down C$0.02 during midday trading on Friday, reaching C$3.71. The company's stock had a trading volume of 190,562 shares, compared to its average volume of 337,184. StorageVault Canada Inc. has a 12-month low of C$3.55 and a 12-month high of C$5.48. The firm has a market capitalization of C$1.36 billion, a P/E ratio of -27.00 and a beta of 0.89. The firm has a 50 day moving average of C$3.89 and a 200-day moving average of C$4.32.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SVI shares. Cibc World Mkts raised StorageVault Canada to a "hold" rating in a research note on Tuesday, December 17th. CIBC set a C$5.00 price objective on StorageVault Canada and gave the stock a "negative" rating in a research report on Tuesday, December 17th. Scotiabank decreased their target price on StorageVault Canada from C$5.50 to C$5.25 in a report on Thursday, January 30th. Desjardins cut shares of StorageVault Canada from a "moderate buy" rating to a "hold" rating in a report on Thursday, October 24th. Finally, Raymond James decreased their price objective on shares of StorageVault Canada from C$5.25 to C$4.70 in a report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$5.62.

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.