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

Shares of Safestay plc (LON:SSTY) reached a new 52-week low on Monday . The company traded as low as GBX 13 and last traded at GBX 13, with a volume of 17000 shares trading hands. The stock had previously closed at GBX 14.99.

Safestay Price Performance

The firm has a market cap of £8.44 million, a price-to-earnings ratio of -16.25 and a beta of 1.34. The company has a current ratio of 0.27, a quick ratio of 1.27 and a debt-to-equity ratio of 159.81. The company has a 50 day moving average of GBX 15.54 and a 200 day moving average of GBX 17.45.

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.