Safestay (LON:SSTY) Hits New 12-Month Low – Should You Sell?

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 5 and last traded at GBX 7, with a volume of 18,639 shares traded. The stock had previously closed at GBX 9.

Analyst Ratings Changes

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

Safestay Stock Down 22.2%

The firm has a 50-day moving average of GBX 10.62 and a 200 day moving average of GBX 12.41. The stock has a market capitalization of £4.55 million, a price-to-earnings ratio of -0.37 and a beta of 1.34. The company has a current ratio of 0.92, a quick ratio of 1.26 and a debt-to-equity ratio of 302.14.

Safestay (LON:SSTY) last announced its quarterly earnings data on Friday, September 25th. The company reported GBX (2.76) earnings per share for the quarter. Safestay had a negative return on equity of 90.56% and a negative net margin of 65.57%. On average, sell-side analysts anticipate that Safestay plc will post 24.05 earnings per share for the current 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.