A look at Public Storage (PSA) – Store it in your portfolio

by DAN Public Storage ($PSA) averages are at $167.61 (21 day SMA), $163.93 (50 day SMA), $156.54 (200 day SMA). Over the past 52 weeks PSA has traded from a low of $138.66 to a high of $176.68. PSA was last at $162.53 on a volume of 343,894. Average daily volume has been at 583,781.

52 Week Range $138.66-$176.68 Market Cap 27,974,634,001 Average Volume 583,781 Dividend Yield 3.12% Institutional Ownership 81.10% Insider Ownership: 0.20% Percentage of Float Short 1.60% Beta 1.01

PSA has beewn moving higher for the past several years in a series of higher highs and lows. The 200-day moving average has typically marked the best time to buy the stock. After declining 10%, PSA has bounced off that key moving average. Bulls should find this an opportune time to buy the stock within a well-defined channel.

Public Storage is engaged in the acquisition, development, ownership and operation of self-storage facilities which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use.

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