Barclays Downgrades Safestore (OTCMKTS:SFSHF) to Hold

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

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

Safestore Stock Performance

Shares of OTCMKTS:SFSHF opened at $10.99 on Tuesday. The firm has a 50 day moving average of $9.83 and a 200 day moving average of $9.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.28 and a quick ratio of 0.28. Safestore has a 52 week low of $6.97 and a 52 week high of $11.01.

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.