Shares of Sovran Self Storage (NYSE:SSS) traded yesterday at $45.31, breaking its 52-week high. This new high was reached on below average trading volume as 118,000 shares traded hands, while the average 30-day volume is approximately 174,000 shares. In the past 52 weeks, Sovran Self Storage share prices have been bracketed by a low of $33.37 and a high of $45.31 and are now at $44.63, 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.3%. Sovran Self Storage (NYSE:SSS) is currently priced 1.6% above its average consensus analyst price target of $43.93. The stock should discover initial support at its 50-day moving average (MA) of $41.88 and subsequent support at its 200-day MA of $40.59. Sovran Self Storage, Inc. acquires, develops and operates a chain of self storage facilities, operating under the Uncle Bob’s Self Storage trade name. The Company’s facilities offer storage space to customers on a monthly basis. (via FNN Online)]]>
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
With the approval of both companies’...
There are an estimated 700,000 hotels in the...
Boat and RV storage has morphed and...
In a booming economy, expendable income...
It’s said that necessity is the mother of...
National Storage Affiliates Trust (NSA), the...
The question of “abandonment” of stored...
Self-storage is not an industry that is...
It’s odd that I ever get the “last word,”...
As children, most of us played “follow the...
XYZ Storage wants to make life for its...
Over the last five years, as the use of...
The self-storage industry experienced a...
Recent Posts
In an era where urbanization and changing...
When Carol Mixon, president of SkilCheck,...
Running a self-storage business can be...
The bluebird is often associated with...
The U.S. Bureau of Labor Statistics reports...
Mother Nature can be a cruel mistress....
Anyone who has developed any type of real...
Fall is in the air, pumpkin spice is in your...