Safestay (LON:SSTY) Sets New 52-Week Low – Here’s What Happened

Safestay plc (LON:SSTYGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 111 shares changing hands. The stock had previously closed at GBX 15.40.

Safestay Stock Down 6.7%

The firm’s 50-day simple moving average is GBX 15.82 and its 200-day simple moving average is GBX 17.86. The company has a debt-to-equity ratio of 159.81, a quick ratio of 1.27 and a current ratio of 0.27. The company has a market capitalization of £9.09 million, a price-to-earnings ratio of -17.50 and a beta of 1.34.

Safestay Company Profile

(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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