Safestay (LON:SSTY) Reaches New 12-Month Low – What’s Next?
by Teresa Graham · The Cerbat GemSafestay plc (LON:SSTY – Get Free Report)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 16.20 and last traded at GBX 16.20, with a volume of 14252 shares traded. The stock had previously closed at GBX 17.50.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a “house stock” rating on shares of Safestay in a research note on Tuesday, November 25th.
Check Out Our Latest Stock Analysis on Safestay
Safestay Price Performance
The company has a market cap of £11.36 million, a PE ratio of -21.88 and a beta of 1.34. The firm has a 50-day simple moving average of GBX 19.40 and a two-hundred day simple moving average of GBX 21.63. The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27.
Safestay (LON:SSTY – Get Free Report) last issued its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 0.73 earnings per share (EPS) for the quarter. Safestay had a negative return on equity of 1.16% and a negative net margin of 1.74%. Research analysts anticipate that Safestay plc will post 24.0500009 earnings per share for the current fiscal year.
Safestay Company Profile
Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.
Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.