StorageVault Canada (OTCMKTS:SVAUF) Stock Price Up 0.7% – Still a Buy?

StorageVault Canada Inc. (OTCMKTS:SVAUF)’s stock price rose 0.7% during trading on Tuesday . The company traded as high as $3.01 and last traded at $3.01. 47,095 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 34,913 shares. The stock had previously closed at $2.99.

Wall Street Analysts Forecast Growth

SVAUF has been the subject of several research reports. Raymond James Financial upgraded shares of StorageVault Canada from an “outperform” rating to a “strong-buy” rating in a research report on Monday, June 1st. Royal Bank Of Canada reiterated an “outperform” rating on shares of StorageVault Canada in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company’s stock. According to MarketBeat, StorageVault Canada currently has a consensus rating of “Buy”.

StorageVault Canada Stock Performance

The firm’s 50 day simple moving average is $3.28 and its 200 day simple moving average is $3.26.

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.