Safestay plc (LON:SSTY – Get Free Report)’s stock price reached a new 52-week low during trading on Monday. The stock traded as low as GBX 8 and last traded at GBX 8.20, with a volume of 1,079 shares trading hands. The stock had previously closed at GBX 8.20.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reaffirmed a “house stock” rating on shares of Safestay in a research report on Wednesday, August 5th.
Check Out Our Latest Report on Safestay
Safestay Stock Performance
Safestay (LON:SSTY – Get Free Report) last posted 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%. On average, equities research analysts anticipate that Safestay plc will post 24.05 earnings per share for the current fiscal 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.
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