Public Storage (PSA) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Public Storage (PSA) experienced unusually high volume on Dec. 21, as the stock gained 0.48% to a closing price of $248.74. The stock saw 1.73 million shares trade hands over the course of the day on 12,557 trades. Given that the stock’s average daily volume over the last month has been 812,354 shares a day, this represents a pretty substantial spike over the norm.

Public Storage has a P/B ratio of 8.45. It also has a P/E ratio of 41.7. The stock has traded between $251.74 and $182.08 over the last 52-weeks, its 50-day SMA is now $232.24, and its 200-day SMA $203.94.

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

Headquartered in Glendale, CA, Public Storage has 5,300 employees and is currently under the leadership of CEO Ronald L. Havner.

For a complete fundamental analysis analysis of Public Storage, check out’s Stock Valuation Analysis report for PSA. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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