Safestore (OTCMKTS:SFSHF) Downgraded to “Strong Sell” Rating by Kepler Capital Markets

Safestore (OTCMKTS:SFSHF) was downgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other equities research analysts also recently weighed in on the company. Oddo Bhf raised Safestore to an “outperform” rating in a report on Thursday, January 15th. Barclays cut shares of Safestore from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Safestore Price Performance

Shares of OTCMKTS SFSHF opened at $10.99 on Tuesday. The business has a 50-day moving average price of $9.83 and a 200 day moving average price of $9.10. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.28 and a quick ratio of 0.28. Safestore has a 52-week low of $6.97 and a 52-week high of $11.01.

About Safestore

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.