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

Safestay (LON:SSTY)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research report issued to clients and investors on Tuesday,London Stock Exchange reports.

Safestay Stock Performance

SSTY stock traded down GBX 0.40 on Tuesday, hitting GBX 18.10. The company had a trading volume of 1,374 shares, compared to its average volume of 21,268. The company has a current ratio of 0.45, a quick ratio of 1.27 and a debt-to-equity ratio of 160.52. Safestay has a 12-month low of GBX 17.50 and a 12-month high of GBX 26.79. The stock has a market cap of £11.75 million, a price-to-earnings ratio of -22.63 and a beta of 1.34. The stock’s 50-day simple moving average is GBX 20.34 and its 200 day simple moving average is GBX 21.89.

Safestay (LON:SSTY) last posted its earnings results on Tuesday, September 23rd. The company reported GBX 0.73 earnings per share for the quarter. Safestay had a negative return on equity of 1.16% and a negative net margin of 1.74%. As a group, equities research analysts expect that Safestay will post 24.0500009 earnings per share for the current fiscal year.

Safestay Company Profile

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.