Safestay (LON:SSTY) Sets New 52-Week Low – Here’s Why

Safestay plc (LON:SSTYGet Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 13 and last traded at GBX 16, with a volume of 27677 shares trading hands. The stock had previously closed at GBX 15.

Safestay Trading Up 6.7%

The stock has a fifty day simple moving average of GBX 15.37 and a 200 day simple moving average of GBX 17.19. The company has a debt-to-equity ratio of 159.81, a quick ratio of 1.27 and a current ratio of 0.27. The firm has a market cap of £10.39 million, a P/E ratio of -20.00 and a beta of 1.34.

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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