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CubeSmart (CUBE) Stock Could Soon Reward Patient Investors

CubeSmart (NYSE: CUBE) is 8.32% higher on its value in year-to-date trading and has touched a low of $36.82 and a high of $54.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CUBE stock was last observed hovering at around $43.34 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $43.60, the stock is 6.42% and 6.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.9 million and changing 0.60% at the moment leaves the stock 0.33% off its SMA200. CUBE registered -13.82% loss for a year compared to 6-month loss of 0.28%.

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The stock witnessed a 8.78% gain in the last 1 month and extending the period to 3 months gives it a 14.08%, and is 2.85% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.42% over the month.

CubeSmart (CUBE) has around 2892 employees, a market worth around $9.71B and $970.50M in sales. Current P/E ratio is 38.25 and Fwd P/E is 35.10. Profit margin for the company is 26.20%. Distance from 52-week low is 18.41% and -20.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).

The EPS is expected to grow by 28.30% this year.

CubeSmart (CUBE) Top Institutional Holders

The shares outstanding are 225.02M, and float is at 223.16M with Short Float at 5.50%.

CubeSmart (CUBE) Insider Activity

A total of 10 insider transactions have happened at CubeSmart (CUBE) in the last six months, with sales accounting for 1 and purchases happening 9 times.

CubeSmart (CUBE): Who are the competitors?

The company’s main competitors (and peers) include Life Storage Inc. (LSI) that is trading -23.43% down over the past 12 months and Public Storage (PSA) that is -13.47% lower over the same period. Extra Space Storage Inc. (EXR) is -22.20% down on the 1-year trading charts.

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