Safestore (OTCMKTS:SFSHF) Sets New 12-Month Low – Time to Sell?

Safestore Holdings Plc (OTCMKTS:SFSHF) hit a new 52-week low on Wednesday . The company traded as low as $7.25 and last traded at $7.25, with a volume of 442 shares trading hands. The stock had previously closed at $7.55.

Analyst Upgrades and Downgrades

Separately, Barclays cut shares of Safestore from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 4th.

Safestore Trading Up 5.3 %

The business has a fifty day moving average of $8.43 and a 200-day moving average of $10.04.

Safestore Company Profile

Safestore is the UK’s largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.