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

Safestay plc (LON:SSTY) reached a new 52-week low on Monday . The company traded as low as GBX 15 and last traded at GBX 15, with a volume of 25742 shares traded. The stock had previously closed at GBX 17.80.

Wall Street Analyst Weigh In

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

Safestay Price Performance

The company has a debt-to-equity ratio of 160.52, a quick ratio of 1.27 and a current ratio of 0.45. The company has a market capitalization of £9.74 million, a P/E ratio of -18.75 and a beta of 1.34. The firm’s fifty day moving average is GBX 19.04 and its 200 day moving average is GBX 21.50.

Safestay (LON:SSTY) last announced its earnings results on Tuesday, September 23rd. The company reported GBX 0.73 earnings per share (EPS) for the quarter. Safestay had a negative return on equity of 1.16% and a negative net margin of 1.74%. As a group, analysts predict that Safestay plc will post 24.0500009 earnings per share for the current fiscal 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.