StorageVault Canada (OTCMKTS:SVAUF) Shares Up 2.2% – Time to Buy?

StorageVault Canada Inc. (OTCMKTS:SVAUF) shot up 2.2% during trading on Friday . The company traded as high as $3.3740 and last traded at $3.3740. Approximately 11,123 shares changed hands during trading, a decline of 64% from the average session volume of 30,542 shares. The stock had previously closed at $3.30.

Analysts Set New Price Targets

Separately, Raymond James Financial raised shares of StorageVault Canada from an “outperform” rating to a “strong-buy” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, StorageVault Canada currently has a consensus rating of “Buy”.

StorageVault Canada Price Performance

The stock has a fifty day moving average of $3.21 and a two-hundred day moving average of $3.38.

StorageVault Canada Company Profile

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.