Safestay (LON:SSTY – Get Free Report) announced its earnings results on Monday. The company reported GBX (15.48) earnings per share for the quarter, Digital Look Earnings reports. The business had revenue of GBX 2,059 million for the quarter. Safestay had a negative net margin of 2.21% and a negative return on equity of 1.56%.
Safestay Price Performance
Shares of SSTY opened at GBX 12.32 on Monday. The company has a market cap of £8.00 million, a P/E ratio of -15.40 and a beta of 1.34. The stock has a fifty day moving average price of GBX 13.05 and a 200 day moving average price of GBX 14.97. The company has a debt-to-equity ratio of 159.81, a current ratio of 0.27 and a quick ratio of 1.26. Safestay has a 12 month low of GBX 10.30 and a 12 month high of GBX 26.
Analyst Ratings Changes
Separately, Shore Capital Group restated a “house stock” rating on shares of Safestay in a research report on Monday.
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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