Safestay (LON:SSTY) Hits New 12-Month Low – Should You Sell?

Safestay plc (LON:SSTY) shares hit a new 52-week low on Tuesday. The company traded as low as GBX 8 and last traded at GBX 8, with a volume of 467 shares changing hands. The stock had previously closed at GBX 8.50.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reissued a “house stock” rating on shares of Safestay in a research report on Wednesday, August 5th.

Safestay Trading Down 2.4%

The company has a current ratio of 0.92, a quick ratio of 1.26 and a debt-to-equity ratio of 302.14. The stock has a market capitalization of £5.39 million, a P/E ratio of -0.43 and a beta of 1.34. The company has a 50-day moving average price of GBX 11.64 and a 200 day moving average price of GBX 12.98.

Safestay (LON:SSTY) last issued its quarterly earnings data on Friday, September 25th. The company reported GBX (2.76) earnings per share for the quarter. Safestay had a negative net margin of 65.57% and a negative return on equity of 90.56%. On average, research analysts forecast that Safestay plc will post 24.0500009 earnings per share for the current fiscal year.

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.