Free Trial

StorageVault Canada (TSE:SVI) Sets New 52-Week Low - Here's Why

StorageVault Canada logo with Real Estate background

Shares of StorageVault Canada Inc. (TSE:SVI - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as C$3.95 and last traded at C$3.95, with a volume of 5800 shares. The stock had previously closed at C$3.97.

Analyst Ratings Changes

SVI has been the subject of a number of research analyst reports. National Bank Financial upgraded StorageVault Canada from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 17th. Desjardins downgraded StorageVault Canada from a "moderate buy" rating to a "hold" rating in a report on Thursday, October 24th.

Check Out Our Latest Stock Report on StorageVault Canada

StorageVault Canada Price Performance

The business's 50 day simple moving average is C$4.65 and its 200 day simple moving average is C$4.67. The company has a market capitalization of C$1.46 billion, a PE ratio of -48.88 and a beta of 0.89.

StorageVault Canada (TSE:SVI - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported C($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.06 by C($0.08). StorageVault Canada had a negative net margin of 9.49% and a negative return on equity of 14.77%. The firm had revenue of C$78.96 million during the quarter.

StorageVault Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a dividend of $0.292 per share. The ex-dividend date was Friday, September 27th. This represents a $1.17 dividend on an annualized basis and a yield of 29.87%. This is a boost from StorageVault Canada's previous quarterly dividend of $0.29. StorageVault Canada's dividend payout ratio (DPR) is presently -12.50%.

StorageVault Canada Company Profile

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in StorageVault Canada right now?

Before you consider StorageVault Canada, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and StorageVault Canada wasn't on the list.

While StorageVault Canada currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?
Rocket Lab Stock Explodes Higher—What’s Next for This Space Pioneer?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines