Mobile Mini (NASDAQ: MINI)‘s stock had its “hold” rating reiterated by research analysts at KeyBanc (NYSE: KEY) in a report issued on Wednesday. The analysts noted that the move was a valuation call.
Mobile Mini, Inc. is a provider of portable storage solutions. The Company offers a range of portable storage products in varying lengths and widths with a differentiated features, such as its locking systems, doors, electrical wiring and shelving. As of December 31, 2009, it operated through a network of 118 locations in the United States, Canada, the United Kingdom and The Netherlands. The Company’s portable units provide temporary storage for a diversified client base of customers, including large and small retailers, construction companies, medical centers, schools, utilities, manufacturers and distributors, the United States and the United Kingdom military, hotels, restaurants, entertainment complexes and households. Its customers use its products for a range of storage applications, including retail and manufacturing supplies and inventory, temporary offices, construction materials and equipment, documents and records and household goods.
Mobile Mini traded up 1.75% on Wednesday, hitting $19.19. Mobile Mini has a 52-week low of $14.97 and a 52-week high of $25.49. The stock has a 50-day moving average of $17.44 and a 200-day moving average of $18.24. The company has a market cap of $841.6 million and a price-to-earnings ratio of 36.98.