Shares of Safestore Holdings Plc (LON:SAFE – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 715.78 and traded as low as GBX 610. Safestore shares last traded at GBX 630.50, with a volume of 186,636 shares changing hands.
Safestore Trading Down 2.1%
The business’s 50-day simple moving average is GBX 659.90 and its two-hundred day simple moving average is GBX 715.78. The firm has a market cap of £1.35 billion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 2.05 and a beta of 1.17.
Insider Activity at Safestore
In other news, insider Simon Clinton acquired 6,166 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was bought at an average cost of GBX 613 per share, for a total transaction of £37,797.58. Corporate insiders own 7.87% of the company’s stock.
About Safestore
Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle.
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