Safestay (LON:SSTY) Earns House Stock Rating from Shore Capital

Safestay (LON:SSTYGet Free Report)‘s stock had its “house stock” rating restated by investment analysts at Shore Capital in a research note issued to investors on Tuesday, MarketBeat reports.

Safestay Stock Performance

Shares of SSTY stock opened at GBX 25 ($0.34) on Tuesday. The company’s fifty day simple moving average is GBX 21.42 and its two-hundred day simple moving average is GBX 22.46. The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27. Safestay has a 1 year low of GBX 19.20 ($0.26) and a 1 year high of GBX 27.95 ($0.38). The stock has a market capitalization of £16.23 million, a price-to-earnings ratio of -26.04 and a beta of 1.34.

Safestay Company Profile

(Get Free Report)

Safestay is one of Europe’s largest hostel groups. Its 20 premium hostels offer guests both private and shared rooms across destination cities within the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.

Safestay’s mission at each of its locations is to provide a safe, inclusive, and enjoyable space that caters to the needs of different travellers.

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