Safestay (LON:SSTY) Shares Cross Below 200 Day Moving Average – Should You Sell?

Safestay plc (LON:SSTY)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 24.58 ($0.31) and traded as low as GBX 23.07 ($0.29). Safestay shares last traded at GBX 23.90 ($0.30), with a volume of 77 shares.

Safestay Trading Up 1.7 %

The firm has a market cap of £15.52 million, a P/E ratio of -2,575.00 and a beta of 1.34. The firm has a fifty day moving average of GBX 24.51 and a 200-day moving average of GBX 24.58. The company has a debt-to-equity ratio of 160.52, a quick ratio of 1.27 and a current ratio of 0.46.

About Safestay

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.