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

Shore Capital reissued their house stock rating on shares of Safestay (LON:SSTY) in a research note released on Monday morning, MarketBeat.com reports.

Safestay Price Performance

Shares of LON SSTY opened at GBX 24.20 on Monday. Safestay has a 1-year low of GBX 19.60 and a 1-year high of GBX 27.95. The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27. The business’s fifty day moving average price is GBX 23.53 and its two-hundred day moving average price is GBX 22.14. The firm has a market capitalization of £15.71 million, a PE ratio of -25.21 and a beta of 1.34.

Safestay (LON:SSTY) last issued its earnings results on Monday, June 23rd. The company reported GBX (1.97) earnings per share for the quarter. Safestay had a negative return on equity of 1.16% and a negative net margin of 1.74%. On average, research analysts expect that Safestay will post 24.0500009 EPS for the current 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.