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

Safestay plc (LON:SSTY) shares reached a new 52-week low on Monday. The stock traded as low as GBX 5 and last traded at GBX 7, with a volume of 18,639 shares trading hands. The stock had previously closed at GBX 9.

Analyst Ratings Changes

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

Safestay Stock Performance

The business’s fifty day moving average is GBX 10.41 and its two-hundred day moving average is GBX 13.38. The stock has a market capitalization of £3.90 million, a PE ratio of -0.31 and a beta of 1.34. The company has a quick ratio of 1.26, a current ratio of 0.92 and a debt-to-equity ratio of 302.14.

Safestay (LON:SSTY) last released its quarterly earnings results on Friday, September 25th. The company reported GBX (2.76) earnings per share (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, research analysts anticipate that Safestay plc will post 24.05 EPS for the current fiscal year.

About Safestay

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.