Safestay (LON:SSTY – Get Free Report) issued its quarterly earnings results on Friday. The company reported GBX (2.76) EPS for the quarter, Digital Look Earnings reports. Safestay had a negative net margin of 48.84% and a negative return on equity of 44.19%.
Safestay Stock Down 28.2%
Shares of Safestay stock opened at GBX 8.98 on Friday. Safestay has a 1 year low of GBX 8.98 and a 1 year high of GBX 35. The company has a market cap of £5.83 million, a P/E ratio of -0.58 and a beta of 1.34. The company has a current ratio of 0.55, a quick ratio of 1.26 and a debt-to-equity ratio of 334.89. The stock has a 50-day moving average price of GBX 12.42 and a 200 day moving average price of GBX 13.41.
Wall Street Analyst Weigh In
Separately, Shore Capital Group reiterated a “house stock” rating on shares of Safestay in a research report on Wednesday, August 5th.
Safestay Company Profile
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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