Safestay (LON:SSTY) Reaches New 12-Month Low – Here’s What Happened

Safestay plc (LON:SSTY) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 15 and last traded at GBX 15, with a volume of 55 shares. The stock had previously closed at GBX 15.50.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Safestay in a research note on Tuesday, November 25th.

Safestay Stock Down 3.2%

The company has a market capitalization of £9.74 million, a P/E ratio of -18.75 and a beta of 1.34. The stock has a 50-day moving average price of GBX 16.09 and a 200-day moving average price of GBX 18.35. The company has a debt-to-equity ratio of 159.81, a current ratio of 0.27 and a quick ratio of 1.27.

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.