Safestay (LON:SSTY) Earns “House Stock” Rating from Shore Capital

Safestay (LON:SSTY)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital in a research note issued on Thursday, Marketbeat Ratings reports.

Safestay Price Performance

Shares of LON:SSTY opened at GBX 18 on Thursday. The company’s fifty day moving average price is GBX 20.82 and its 200-day moving average price is GBX 22.01. The firm has a market capitalization of £11.69 million, a price-to-earnings ratio of -22.50 and a beta of 1.34. Safestay has a one year low of GBX 17.50 and a one year high of GBX 26.98. The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27.

Safestay (LON:SSTY) last posted its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 0.73 earnings per share (EPS) for the quarter. Safestay had a negative net margin of 1.74% and a negative return on equity of 1.16%. On average, equities research analysts anticipate that Safestay will post 24.0500009 earnings per share 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.