StorageVault Canada (OTCMKTS:SVAUF) Stock Price Down 1.2% – Time to Sell?

StorageVault Canada Inc. (OTCMKTS:SVAUF)’s share price fell 1.2% during mid-day trading on Thursday . The stock traded as low as $3.40 and last traded at $3.40. 27,249 shares were traded during mid-day trading, an increase of 18% from the average session volume of 23,137 shares. The stock had previously closed at $3.44.

Analyst Ratings Changes

SVAUF has been the subject of several analyst reports. TD Securities reissued a “buy” rating on shares of StorageVault Canada in a research report on Thursday, October 23rd. BMO Capital Markets began coverage on StorageVault Canada in a report on Wednesday, August 27th. They issued an “outperform” rating for the company. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

StorageVault Canada Price Performance

The stock has a 50 day moving average price of $3.47 and a 200 day moving average price of $3.35.

About StorageVault Canada

StorageVault Canada is a real estate investment trust focused on owning, managing and operating self-storage facilities across Canada. The company’s portfolio includes properties under the StorageVault, The Storage Box and Guardian Self Storage brands, offering a range of unit sizes and amenities designed to meet both personal and commercial needs.

Founded in 2002 and headquartered in Winnipeg, Manitoba, StorageVault Canada has grown its footprint through strategic acquisitions and the development of new facilities.