Safestay (LON:SSTY) Sets New 1-Year Low – What’s Next?

Safestay plc (LON:SSTY) shares reached a new 52-week low on Tuesday. The stock traded as low as GBX 5 and last traded at GBX 5, with a volume of 757 shares trading hands. The stock had previously closed at GBX 6.

Analyst Upgrades and Downgrades

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 stock has a market cap of £4.07 million, a price-to-earnings ratio of -0.33 and a beta of 1.34. 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 company has a 50-day simple moving average of GBX 9.49 and a two-hundred day simple moving average of GBX 12.99.

Safestay (LON:SSTY) last announced its quarterly earnings results on Friday, September 25th. The company reported GBX (2.76) earnings per share (EPS) for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. As a group, equities research analysts forecast that Safestay plc will post 24.05 EPS for the current year.

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.