Safestay plc (LON:SSTY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of GBX 11.81 and traded as low as GBX 8.25. Safestay shares last traded at GBX 8.25, with a volume of 21,392 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital Group restated a “house stock” rating on shares of Safestay in a research note on Wednesday, August 5th.
Check Out Our Latest Stock Analysis on SSTY
Safestay Stock Performance
Safestay (LON:SSTY – Get Free Report) last issued its earnings results on Friday, September 25th. The company reported GBX (2.76) earnings per share (EPS) for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. On average, sell-side analysts forecast that Safestay plc will post 24.0500009 earnings per share for the current fiscal year.
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.
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