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

Shares of Safestay plc (LON:SSTY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 24.80 ($0.32) and traded as low as GBX 20.80 ($0.27). Safestay shares last traded at GBX 22 ($0.28), with a volume of 3,900 shares trading hands.

Safestay Stock Up 7.3 %

The business has a fifty day moving average price of GBX 23.07 and a two-hundred day moving average price of GBX 24.80. The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27. The firm has a market capitalization of £14.29 million, a price-to-earnings ratio of -22.92 and a beta of 1.34.

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.