Safestore (OTCMKTS:SFSHF) Cut to Strong Sell at Kepler Capital Markets

Safestore (OTCMKTS:SFSHF) was downgraded by stock analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

Several other equities analysts have also recently issued reports on the company. Oddo Bhf upgraded Safestore to an “outperform” rating in a research report on Thursday, January 15th. Barclays downgraded Safestore from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Safestore Price Performance

Shares of Safestore stock opened at $10.99 on Tuesday. Safestore has a 52-week low of $6.97 and a 52-week high of $11.01. The company’s 50-day simple moving average is $9.83 and its 200-day simple moving average is $9.10. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.38.

Safestore Company Profile

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.