Safestay (LON:SSTY) Reaches New 12-Month Low – Here’s Why

Safestay plc (LON:SSTY)’s stock price hit a new 52-week low on Tuesday. The company traded as low as GBX 8 and last traded at GBX 8, with a volume of 999 shares traded. The stock had previously closed at GBX 8.50.

Analyst Ratings Changes

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

Safestay Price Performance

The company has a 50 day moving average of GBX 10.92 and a two-hundred day moving average of GBX 12.59. The firm has a market cap of £5.19 million, a P/E ratio of -0.42 and a beta of 1.34. The company has a quick ratio of 1.26, a current ratio of 0.92 and a debt-to-equity ratio of 302.14.

Safestay (LON:SSTY) last issued its quarterly earnings results on Friday, September 25th. The company reported GBX (2.76) EPS for the quarter. Safestay had a negative return on equity of 90.56% and a negative net margin of 65.57%. Sell-side analysts expect that Safestay plc will post 24.05 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.