Safestay (LON:SSTY) Posts Quarterly Earnings Results

Safestay (LON:SSTY – Get Free Report) announced its earnings results on Friday. The company reported GBX (2.76) earnings per share (EPS) 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 Trading Down 28.0%

SSTY traded down GBX 3.50 during mid-day trading on Friday, reaching GBX 9. The stock had a trading volume of 289,004 shares, compared to its average volume of 155,946. The stock has a market capitalization of £5.84 million, a P/E ratio of -0.58 and a beta of 1.34. The company has a debt-to-equity ratio of 334.89, a quick ratio of 1.26 and a current ratio of 0.55. The firm’s fifty day simple moving average is GBX 12.42 and its two-hundred day simple moving average is GBX 13.41. Safestay has a 52 week low of GBX 8 and a 52 week high of GBX 35.

Analyst Ratings Changes

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

Read 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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