StorageVault Canada (CVE:SVI) PT Raised to C$6.00 at National Bankshares

StorageVault Canada (CVE:SVI) had its price target upped by National Bankshares from C$5.75 to C$6.00 in a report released on Wednesday, BayStreet.CA reports. National Bankshares’ price target points to a potential downside of 6.54% from the stock’s current price.

SVI has been the subject of several other reports. Cormark decreased their target price on shares of StorageVault Canada from C$6.25 to C$5.50 in a research note on Friday, July 26th. Scotiabank decreased their target price on shares of StorageVault Canada from C$6.25 to C$5.75 in a research note on Friday, July 26th. Finally, TD Securities raised their target price on shares of StorageVault Canada from C$6.00 to C$6.50 in a research note on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$5.91.

StorageVault Canada Price Performance

Shares of SVI remained flat at C$6.42 during mid-day trading on Wednesday. 168,227 shares of the stock traded hands, compared to its average volume of 147,135. StorageVault Canada has a one year low of C$3.68 and a one year high of C$7.39. The company has a debt-to-equity ratio of 687.87, a quick ratio of 2.53 and a current ratio of 3.04. The stock has a 50 day moving average of C$6.42 and a 200-day moving average of C$6.42. The firm has a market capitalization of C$2.43 billion and a P/E ratio of -71.33.

Insiders Place Their Bets

In other StorageVault Canada news, Director Jay Lynne Fleming sold 75,500 shares of StorageVault Canada stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$5.00, for a total transaction of C$377,500.00. In other news, Director Benjamin Harris bought 30,000 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was bought at an average price of C$4.94 per share, with a total value of C$148,260.00. Also, Director Jay Lynne Fleming sold 75,500 shares of StorageVault Canada stock in a transaction on Friday, September 6th. The stock was sold at an average price of C$5.00, for a total value of C$377,500.00.

StorageVault Canada Company Profile

StorageVault Canada Inc owns, manages, and rents self-storage and portable storage space in Canada. It operates through three segments: Self Storage, Portable Storage, and Management Division. The company manages 45 stores owned by third parties; and stores, shreds, and manages documents and records for customers.