StorageVault Canada (OTCMKTS:SVAUF) Trading Up 0.4% – Should You Buy?

StorageVault Canada Inc. (OTCMKTS:SVAUF)’s share price shot up 0.4% during trading on Friday . The company traded as high as $2.73 and last traded at $2.73. 14,854 shares were traded during trading, a decline of 43% from the average session volume of 25,848 shares. The stock had previously closed at $2.72.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SVAUF. Royal Bank of Canada reaffirmed an “outperform” rating on shares of StorageVault Canada in a report on Friday, April 25th. Raymond James reaffirmed an “outperform” rating on shares of StorageVault Canada in a report on Thursday, April 24th.

StorageVault Canada Trading Up 0.4%

The company has a fifty day moving average of $2.72 and a two-hundred day moving average of $2.76.

StorageVault Canada Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.002 per share. This represents a yield of 0.3%. The ex-dividend date was Monday, March 31st.

About StorageVault Canada

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.