Global Self Storage, Inc. (SELF) Stock Is At 1 Year Low Now

May 16, 2018 - By Larry Park

Global Self Storage, Inc. (NASDAQ:SELF) Logo

The stock of Global Self Storage, Inc. (NASDAQ:SELF) hit a new 52-week low and has $3.59 target or 9.00 % below today’s $3.95 share price. The 6 months bearish chart indicates high risk for the $30.39M company. The 1-year low was reported on May, 16 by Barchart.com. If the $3.59 price target is reached, the company will be worth $2.73 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 0.75% or $0.03 during the last trading session, reaching $3.95. About 69,731 shares traded or 665.60% up from the average. Global Self Storage, Inc. (NASDAQ:SELF) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Another recent and important Global Self Storage, Inc. (NASDAQ:SELF) news was published by Nasdaq.com which published an article titled: “Global Self Storage Reports First Quarter 2018 Results” on May 15, 2018.

Global Self Storage, Inc. is a self-administered and self-managed REIT focused on the ownership, operation, acquisition, development and redevelopment of self storage facilities in the United States. The company has market cap of $30.39 million. The company's self storage facilities are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. It currently has negative earnings. It currently owns and operates, through its wholly owned subsidiaries, eleven self storage properties located in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, and South Carolina.

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