Safestay (LON:SSTY) Sets New 52-Week Low – Should You Sell?

Safestay plc (LON:SSTY) shares hit a new 52-week low on Monday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 25742 shares trading hands. The stock had previously closed at GBX 17.80.

Analysts Set New Price Targets

Separately, Shore Capital restated a “house stock” rating on shares of Safestay in a research note on Tuesday, November 25th.

Safestay Stock Down 15.7%

The company has a debt-to-equity ratio of 160.52, a quick ratio of 1.27 and a current ratio of 0.45. The business’s 50 day moving average is GBX 19.04 and its 200-day moving average is GBX 21.50. The stock has a market cap of £9.74 million, a price-to-earnings ratio of -18.75 and a beta of 1.34.

Safestay (LON:SSTY) last released its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 0.73 EPS for the quarter. Safestay had a negative net margin of 1.74% and a negative return on equity of 1.16%. On average, sell-side analysts predict that Safestay plc will post 24.0500009 EPS 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.