Global Self Storage, Inc. (SELF) Announces Quarterly Earnings Results
Global Self Storage, Inc. (NASDAQ:SELF) issued its quarterly earnings data on Monday. The financial services provider reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.01, Bloomberg Earnings reports. The business had revenue of $1.85 million during the quarter.
Shares of Global Self Storage (NASDAQ SELF) traded down 1.80% during trading on Tuesday, reaching $4.92. The company’s stock had a trading volume of 5,200 shares. Global Self Storage has a 52-week low of $4.26 and a 52-week high of $5.86. The firm’s 50-day moving average is $4.88 and its 200 day moving average is $4.84. The company has a market cap of $37.49 million, a PE ratio of 114.42 and a beta of 2.46.
In other news, insider Corp Tuxis bought 211,703 shares of Global Self Storage stock in a transaction dated Thursday, May 25th. The stock was bought at an average cost of $4.82 per share, for a total transaction of $1,020,408.46. Following the purchase, the insider now directly owns 223,766 shares in the company, valued at approximately $1,078,552.12. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders bought 228,717 shares of company stock valued at $1,106,740.
A hedge fund recently raised its stake in Global Self Storage stock. Vanguard Group Inc. raised its stake in shares of Global Self Storage, Inc. (NASDAQ:SELF) by 0.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 367,117 shares of the financial services provider’s stock after buying an additional 1,649 shares during the period. Vanguard Group Inc. owned 4.82% of Global Self Storage worth $1,825,000 at the end of the most recent quarter. 27.13% of the stock is currently owned by hedge funds and other institutional investors.
About Global Self Storage
Global Self Storage, Inc, formerly Self Storage Group, Inc, is a self-administered and self-managed real estate investment trust. It is focused on the ownership, operation, acquisition, development and redevelopment of self-storage facilities. Its self-storage facilities are designed to offer storage space for residential and commercial customers.
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