Safestore (OTCMKTS:SFSHF) Reaches New 52-Week High – Still a Buy?

Safestore Holdings PLC (OTCMKTS:SFSHF) shares hit a new 52-week high during trading on Monday . The stock traded as high as $10.9750 and last traded at $10.9750, with a volume of 1167 shares. The stock had previously closed at $9.6350.

Wall Street Analysts Forecast Growth

Separately, Oddo Bhf raised shares of Safestore to an “outperform” rating in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Safestore currently has an average rating of “Buy”.

Safestore Trading Up 13.9%

The business has a 50-day moving average of $9.29 and a 200 day moving average of $8.93.

About Safestore

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.