Safestay (LON:SSTY) Trading Up 0.9% – Here’s What Happened

by · The Cerbat Gem

Safestay plc (LON:SSTY – Get Free Report) was up 0.9% on Thursday . The stock traded as high as GBX 26.75 ($0.35) and last traded at GBX 26.75 ($0.35). Approximately 3,000 shares changed hands during trading, a decline of 86% from the average daily volume of 20,761 shares. The stock had previously closed at GBX 26.50 ($0.34).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Safestay in a report on Tuesday, August 13th.

View Our Latest Stock Report on Safestay

Safestay Stock Up 0.9 %

The company has a current ratio of 0.46, a quick ratio of 1.27 and a debt-to-equity ratio of 160.52. The stock’s 50-day simple moving average is GBX 25.78 and its 200-day simple moving average is GBX 22.08. The firm has a market capitalization of £17.37 million, a P/E ratio of -2,575.00 and a beta of 1.34.

About Safestay

(Get Free Report)

Safestay plc operates and develops traveller accommodation under the Safestay brand in the United Kingdom, Belgium, Portugal, Spain, and rest of Europe. The company provides overnight hostel accommodation services and owns properties, as well as owns and operates hotels. It also provides ancillary goods and services, such as food and beverage, and merchandise.

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