Sovran Self Storage: The Winning Streak Continues (SSS)

Published on Mon, 01/23/2012 - 14:41
By Peter Chu in 52 Week high-lows, SSS, 52 week high/lows, nyse:sss, sovran self storage

Shares of Sovran Self Storage (NYSE:SSS) traded at a new 52-week high today of $45.31. So far today approximately 117,000 shares have been exchanged, as compared to an average 30-day volume of 174,000 shares.

Sovran Self Storage (NYSE:SSS) defies analysts with a current price ($44.63) 1.6% above its average consensus price target of $43.93. The stock should find initial support at its 50-day moving average (MA) of $41.88 and further 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.

Sovran Self Storage share prices have moved between a 52-week high of $45.31 and a 52-week low of $33.37 and are now trading 34% above that low price at $44.63 per share. The 200-day and 50-day moving averages have moved 0.25% higher and 0.31% higher over the past week, respectively.

By Peter Chu
pchu@fnno.com
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