Safestore (OTCMKTS:SFSHF) Stock Rating Lowered by Barclays

Safestore (OTCMKTS:SFSHF) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Separately, Oddo Bhf raised shares of Safestore to an “outperform” rating in a research report on Thursday, January 15th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Safestore has an average rating of “Hold”.

Safestore Price Performance

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

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.