Safestay (LON:SSTY) Receives “House Stock” Rating from Shore Capital Group

Safestay (LON:SSTYGet Free Report)‘s stock had its “house stock” rating restated by stock analysts at Shore Capital Group in a report released on Monday,Digital Look reports.

Safestay Price Performance

Shares of LON SSTY opened at GBX 12.32 on Monday. The firm has a market capitalization of £8.00 million, a P/E ratio of -15.40 and a beta of 1.34. The company has a quick ratio of 1.26, a current ratio of 0.27 and a debt-to-equity ratio of 159.81. The stock’s 50-day simple moving average is GBX 13.05 and its two-hundred day simple moving average is GBX 14.97. Safestay has a twelve month low of GBX 10.30 and a twelve month high of GBX 26.

Safestay (LON:SSTYGet Free Report) last issued its quarterly earnings results on Monday, June 29th. The company reported GBX (15.48) earnings per share (EPS) for the quarter. Safestay had a negative net margin of 2.21% and a negative return on equity of 1.56%. The business had revenue of GBX 2,059 million for the quarter. As a group, equities analysts anticipate that Safestay will post 24.0500009 EPS for the current fiscal year.

About Safestay

(Get Free Report)

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.

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