Safestay (LON:SSTY) Reaches New 12-Month Low – Here’s Why

Shares of Safestay plc (LON:SSTY) reached a new 52-week low during trading on Tuesday. The stock traded as low as GBX 8 and last traded at GBX 8, with a volume of 999 shares trading hands. The stock had previously closed at GBX 8.50.

Analysts Set New Price Targets

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

Safestay Stock Down 5.9%

The company has a current ratio of 0.92, a quick ratio of 1.26 and a debt-to-equity ratio of 302.14. The firm has a market capitalization of £5.19 million, a price-to-earnings ratio of -0.42 and a beta of 1.34. The stock has a fifty day moving average of GBX 10.92 and a 200-day moving average of GBX 12.59.

Safestay (LON:SSTY) last announced its earnings results on Friday, September 25th. The company reported GBX (2.76) EPS for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. As a group, sell-side 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.