Safestay (LON:SSTY) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Safestay plc (LON:SSTYGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 23.99 ($0.32) and traded as low as GBX 21 ($0.28). Safestay shares last traded at GBX 21.25 ($0.28), with a volume of 1,500 shares changing hands.

Safestay Stock Performance

The company has a quick ratio of 1.27, a current ratio of 0.45 and a debt-to-equity ratio of 160.52. The firm has a 50-day moving average price of GBX 21.32 and a two-hundred day moving average price of GBX 23.99. The firm has a market cap of £13.64 million, a PE ratio of -21.88 and a beta of 1.34.

About Safestay

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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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