Safestay (LON:SSTY) Posts Quarterly Earnings Results

Safestay (LON:SSTY) announced its quarterly earnings results on Monday. The company reported GBX (15.48) earnings per share for the quarter, Digital Look Earnings reports. Safestay had a negative return on equity of 44.19% and a negative net margin of 48.84%.

Safestay Stock Up 11.1%

LON SSTY traded up GBX 1.50 on Friday, reaching GBX 15. The company had a trading volume of 2 shares, compared to its average volume of 204,254. The company has a debt-to-equity ratio of 334.89, a current ratio of 0.55 and a quick ratio of 1.26. Safestay has a 1 year low of GBX 10.30 and a 1 year high of GBX 25.40. The firm has a 50-day moving average of GBX 12.91 and a 200-day moving average of GBX 14.85. The firm has a market capitalization of £9.74 million, a PE ratio of -18.75 and a beta of 1.34.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued 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.