Safestay (LON:SSTY) Sets New 52-Week Low – Should You Sell?

Shares of Safestay plc (LON:SSTY) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 4708 shares traded. The stock had previously closed at GBX 15.50.

Analyst Ratings Changes

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

Safestay Price Performance

The company has a market capitalization of £9.74 million, a PE ratio of -18.75 and a beta of 1.34. The company has a current ratio of 0.27, a quick ratio of 1.27 and a debt-to-equity ratio of 159.81. The company’s 50 day moving average price is GBX 16.24 and its 200-day moving average price is GBX 18.74.

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.