Safestay (LON:SSTY) Hits New 12-Month Low – Time to Sell?

Shares of Safestay plc (LON:SSTY) reached a new 52-week low on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 10000000 shares trading hands. The stock had previously closed at GBX 15.75.

Analyst Upgrades and Downgrades

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

Safestay Trading Up 1.6%

The firm has a market cap of £10.39 million, a price-to-earnings ratio of -20.00 and a beta of 1.34. The company has a 50 day moving average of GBX 16.44 and a 200 day moving average of GBX 19.15. The company has a current ratio of 0.45, a quick ratio of 1.27 and a debt-to-equity ratio of 160.52.

About Safestay

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.