Safestay (LON:SSTY) Sets New 52-Week Low – What’s Next?

Safestay plc (LON:SSTY)’s share price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 8 and last traded at GBX 8, with a volume of 71636 shares. The stock had previously closed at GBX 9.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Safestay in a research note on Wednesday, August 5th.

Safestay Price Performance

The company has a debt-to-equity ratio of 302.14, a current ratio of 0.92 and a quick ratio of 1.26. The stock’s 50 day moving average price is GBX 12.34 and its two-hundred day moving average price is GBX 13.37. The firm has a market capitalization of £5.19 million, a price-to-earnings ratio of -0.52 and a beta of 1.34.

Safestay (LON:SSTY) last posted its quarterly earnings results on Friday, September 25th. The company reported GBX (2.76) earnings per share (EPS) for the quarter. Safestay had a negative return on equity of 90.56% and a negative net margin of 65.57%. On average, equities research analysts anticipate that Safestay plc will post 24.0500009 EPS for the current 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.

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.