Public Storage

Public Storage is a US real estate investment trust headquartered in Glendale, California, and founded in 1972. Its shares trade on the NYSE under the ticker PSA and are included in S&P's broad-based US stock index. The company owns and operates storage units that individuals and small businesses rent for short or long periods.

At the center of the business are facilities known as self-storage, where a customer holds a unit on a monthly rental basis. The facilities are located in many US states. Besides storage rentals, the company offers additional services such as insurance and protection plans for tenants and the sale of packing supplies. Public Storage also holds a stake in Shurgard, which operates storage facilities in Europe. The main source of income is the rent paid for the rented units.

Those following Public Storage stock usually watch occupancy rates, rent price trends and the effect of housing market activity on storage demand. On the PSA page at Lzzo.com the share price is shown in US dollars, and the page also includes a price chart and technical indicators.