Safestay (LON:SSTY) Hits New 1-Year Low – Time to Sell?

Safestay plc (LON:SSTY)’s stock price reached a new 52-week low on Monday. The company traded as low as GBX 8 and last traded at GBX 8.20, with a volume of 1,079 shares changing hands. The stock had previously closed at GBX 8.20.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Safestay in a research note on Wednesday, August 5th.

Safestay Price Performance

The company has a debt-to-equity ratio of 302.14, a quick ratio of 1.26 and a current ratio of 0.92. The business has a fifty day simple moving average of GBX 11.48 and a 200-day simple moving average of GBX 12.89. The stock has a market capitalization of £5.32 million, a P/E ratio of -0.43 and a beta of 1.34.

Safestay (LON:SSTY) last posted its quarterly earnings results on Friday, September 25th. The company reported GBX (2.76) earnings per share for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. Sell-side analysts expect that Safestay plc will post 24.05 earnings per share for the current fiscal year.

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.