Safestay (LON:SSTY) Sets New 12-Month Low – Time to Sell?

Safestay plc (LON:SSTY)’s stock price hit a new 52-week low on Tuesday. The stock 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.

Analysts Set New Price Targets

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

Safestay Stock Up 2.4%

The firm has a market capitalization of £5.52 million, a price-to-earnings ratio of -0.45 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. The firm has a fifty day moving average price of GBX 10.76 and a 200 day moving average price of GBX 12.50.

Safestay (LON:SSTY) last released 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 anticipate that Safestay plc will post 24.05 EPS 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.