Safestay (LON:SSTY) Issues Quarterly Earnings Results

Safestay (LON:SSTY – Get Free Report) posted its quarterly earnings data on Friday. The company reported GBX (2.76) earnings per share for the quarter, Digital Look Earnings reports. Safestay had a negative return on equity of 44.19% and a negative net margin of 48.84%.

Safestay Stock Down 28.1%

Shares of LON SSTY opened at GBX 8.99 on Friday. The stock has a market cap of £5.84 million, a PE ratio of -0.58 and a beta of 1.34. The company has a current ratio of 0.55, a quick ratio of 1.26 and a debt-to-equity ratio of 334.89. Safestay has a 12-month low of GBX 8.98 and a 12-month high of GBX 35. The company has a 50-day moving average of GBX 12.42 and a 200 day moving average of GBX 13.41.

Analyst Ratings Changes

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

Check Out Our Latest Research Report on SSTY

Safestay Company Profile

(Get Free Report)

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.

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