Shares of Public Storage (NYSE:PSA) traded today at $305.85, eclipsing its 52-week high. Approximately 151,000 shares have changed hands today, as compared to an average 30-day volume of 742,000 shares.
Public Storage owns and operates over 2,500 self-storage facilities in 38 states, with over 150 million net rentable square feet of storage space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Europe and to an additional 29 million net rentable square feet of commercial space in the United States through PS Business Parks.
Public Storage share prices have moved between a 52-week high of $305.85 and a 52-week low of $183.22 and are now trading 65% above that low price at $301.73 per share.
Public Storage (NYSE:PSA) is currently priced 5.7% above its average consensus analyst price target of $284.48.
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