StorageVault Canada Inc. (CVE:SVI) Director Sells C$377,500.00 in Stock

StorageVault Canada Inc. (CVE:SVI) Director Jay Lynne Fleming sold 75,500 shares of the stock in a transaction on Friday, September 6th. The shares were sold at an average price of C$5.00, for a total value of C$377,500.00.

Jay Lynne Fleming also recently made the following trade(s):

• On Wednesday, September 4th, Jay Lynne Fleming sold 67,400 shares of StorageVault Canada stock. The shares were sold at an average price of C$5.00, for a total value of C$337,006.74.

StorageVault Canada Price Performance

Shares of CVE SVI opened at C$6.42 on Tuesday. The stock has a market capitalization of C$2.43 billion and a PE ratio of -71.33. The company has a quick ratio of 2.53, a current ratio of 3.04 and a debt-to-equity ratio of 687.87. The firm has a fifty day moving average of C$6.42 and a 200-day moving average of C$6.42. StorageVault Canada Inc. has a 52-week low of C$3.68 and a 52-week high of C$7.39.

Analysts Set New Price Targets

SVI has been the subject of several analyst reports. Scotiabank cut their target price on shares of StorageVault Canada from C$6.25 to C$5.75 in a research note on Friday, July 26th. TD Securities raised their target price on shares of StorageVault Canada from C$6.00 to C$6.50 in a research report on Wednesday, September 4th. National Bankshares upgraded StorageVault Canada from a “sector perform” rating to an “outperform” rating and set a C$5.75 price target for the company in a report on Thursday, July 18th. Finally, Cormark decreased their price objective on StorageVault Canada from C$6.25 to C$5.50 in a report on Friday, July 26th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of C$5.88.

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.