Safestay’s (SSTY) House Stock Rating Reiterated at Shore Capital Group

Safestay (LON:SSTY)‘s stock had its “house stock” rating restated by Shore Capital Group in a research report issued on Monday,London Stock Exchange reports.

Safestay Stock Performance

Shares of Safestay stock opened at GBX 12.30 on Monday. Safestay has a one year low of GBX 12 and a one year high of GBX 26. The company has a market cap of £7.99 million, a PE ratio of -15.38 and a beta of 1.34. 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 business has a 50-day simple moving average of GBX 14.76 and a 200-day simple moving average of GBX 16.61.

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.