Safestay (LON:SSTY) Hits New 12-Month Low – Time to Sell?

Safestay plc (LON:SSTY) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 12.03 and last traded at GBX 12.03, with a volume of 2 shares traded. The stock had previously closed at GBX 13.25.

Safestay Trading Down 9.4%

The firm has a market cap of £7.79 million, a price-to-earnings ratio of -15.00 and a beta of 1.34. The firm’s 50-day moving average is GBX 14.89 and its 200-day moving average is GBX 16.81. The company has a current ratio of 0.27, a quick ratio of 1.27 and a debt-to-equity ratio of 159.81.

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.