Safestay (LON:SSTY) Shares Down 4.7% – Time to Sell?

Safestay plc (LON:SSTYGet Free Report)’s share price was down 4.7% during trading on Tuesday . The company traded as low as GBX 16.68 and last traded at GBX 16.68. Approximately 5 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 330,313 shares. The stock had previously closed at GBX 17.50.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Safestay in a report on Tuesday, November 25th.

Check Out Our Latest Report on SSTY

Safestay Trading Up 3.0%

The company has a current ratio of 0.45, a quick ratio of 1.27 and a debt-to-equity ratio of 160.52. The stock has a market capitalization of £11.04 million, a PE ratio of -21.25 and a beta of 1.34. The stock has a 50 day moving average price of GBX 16.55 and a 200-day moving average price of GBX 19.40.

Safestay Company Profile

(Get Free Report)

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.

In 2024, the Group delivered a 10% increase in Total Bed Nights to 931,688, 37% of which were booked through direct and non-commissionable channels.

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