Safestay (LON:SSTY) Trading Up 0.9% – Here’s What Happened

Safestay plc (LON:SSTY)’s share price rose 0.9% on Thursday . The company traded as high as GBX 26.75 ($0.35) and last traded at GBX 26.75 ($0.35). Approximately 3,000 shares changed hands during trading, a decline of 86% from the average daily volume of 20,761 shares. The stock had previously closed at GBX 26.50 ($0.34).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Safestay in a research report on Tuesday, August 13th.

Safestay Stock Up 0.9 %

The stock’s 50-day moving average price is GBX 25.78 and its two-hundred day moving average price is GBX 22.08. The stock has a market capitalization of £17.37 million, a P/E ratio of -2,575.00 and a beta of 1.34. The company has a current ratio of 0.46, a quick ratio of 1.27 and a debt-to-equity ratio of 160.52.

Safestay Company Profile

Safestay plc operates and develops traveller accommodation under the Safestay brand in the United Kingdom, Belgium, Portugal, Spain, and rest of Europe. The company provides overnight hostel accommodation services and owns properties, as well as owns and operates hotels. It also provides ancillary goods and services, such as food and beverage, and merchandise.