StorageVault Canada Inc. (TSE:SVI - Get Free Report)'s stock price traded up 1.7% during trading on Thursday . The company traded as high as C$4.15 and last traded at C$4.14. 502,991 shares traded hands during mid-day trading, an increase of 68% from the average session volume of 299,780 shares. The stock had previously closed at C$4.07.
Analyst Upgrades and Downgrades
Separately, Desjardins downgraded shares of StorageVault Canada from a "moderate buy" rating to a "hold" rating in a research note on Thursday, October 24th.
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StorageVault Canada Stock Down 1.7 %
The stock has a fifty day moving average of C$4.38 and a 200-day moving average of C$4.60. The firm has a market capitalization of C$1.52 billion, a P/E ratio of -51.75 and a beta of 0.89.
StorageVault Canada (TSE:SVI - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported C($0.02) earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.08). The firm had revenue of C$78.96 million for the quarter. StorageVault Canada had a negative return on equity of 14.77% and a negative net margin of 9.49%.
StorageVault Canada Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, September 27th were given a $0.292 dividend. The ex-dividend date of this dividend was Friday, September 27th. This is a positive change from StorageVault Canada's previous quarterly dividend of $0.29. This represents a $1.17 annualized dividend and a dividend yield of 28.70%. StorageVault Canada's payout ratio is currently -12.50%.
StorageVault Canada Company Profile
(
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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.
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