Safestay (LON:SSTY) Sets New 1-Year Low – Should You Sell?

Safestay plc (LON:SSTY) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as GBX 5 and last traded at GBX 5, with a volume of 357 shares. The stock had previously closed at GBX 6.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of Safestay in a research report on Wednesday, August 5th.

Safestay Stock Performance

The stock has a 50-day moving average of GBX 8.97 and a 200 day moving average of GBX 12.76. The company has a debt-to-equity ratio of 302.14, a current ratio of 0.92 and a quick ratio of 1.26. The stock has a market capitalization of £3.25 million, a price-to-earnings ratio of -0.26 and a beta of 1.34.

Safestay (LON:SSTY) last issued its quarterly earnings data on Friday, September 25th. The company reported GBX (2.76) EPS for the quarter. Safestay had a negative return on equity of 90.56% and a negative net margin of 65.57%. On average, analysts expect that Safestay plc will post 24.05 EPS for the current 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. 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.