Safestay plc (LON:SSTY – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as GBX 5 and last traded at GBX 5, with a volume of 757 shares. The stock had previously closed at GBX 6.
Wall Street Analyst Weigh In
Separately, Shore Capital Group reiterated a “house stock” rating on shares of Safestay in a research report on Wednesday, August 5th.
Check Out Our Latest Analysis on SSTY
Safestay Trading Down 16.7%
The business has a 50 day moving average price of GBX 9.87 and a 200-day moving average price of GBX 13.15. The firm has a market capitalization of £3.25 million, a PE ratio of -0.26 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 – Get Free Report) last released its earnings results on Friday, September 25th. The company reported GBX (2.76) EPS for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. Analysts expect 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.
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