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

Shares of Safestay plc (LON:SSTY) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 8 and last traded at GBX 8, with a volume of 467 shares changing hands. The stock had previously closed at GBX 8.50.

Analyst Ratings Changes

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

Safestay Stock Down 5.9%

The firm has a 50-day moving average of GBX 11.81 and a two-hundred day moving average of GBX 13.08. The firm has a market cap of £5.19 million, a price-to-earnings ratio of -0.52 and a beta of 1.34. The company has a current ratio of 0.92, a quick ratio of 1.26 and a debt-to-equity ratio of 302.14.

Safestay (LON:SSTY) last issued its quarterly earnings results 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%. As a group, sell-side analysts predict that Safestay plc 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.

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.