Safestore Holdings plc (LON:SAFE – Get Rating)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 966.16 ($12.10) and traded as low as GBX 927.50 ($11.62). Safestore shares last traded at GBX 951.50 ($11.92), with a volume of 239,725 shares.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on SAFE shares. Peel Hunt reiterated a “buy” rating and set a GBX 1,065 ($13.34) price objective on shares of Safestore in a report on Tuesday, February 21st. Barclays lifted their price objective on shares of Safestore from GBX 1,000 ($12.53) to GBX 1,100 ($13.78) and gave the stock an “overweight” rating in a report on Thursday, February 9th.
Safestore Trading Up 2.3 %
The company has a quick ratio of 0.90, a current ratio of 0.30 and a debt-to-equity ratio of 40.10. The firm’s 50-day simple moving average is GBX 957.86 and its 200 day simple moving average is GBX 966.16. The stock has a market capitalization of £2.07 billion, a P/E ratio of 453.10, a PEG ratio of 2.05 and a beta of 0.69.
Insider Buying and Selling
Safestore is the UK's largest self-storage group with 163 stores, comprising 125 wholly owned stores in the UK (including over 70 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool and Bristol), 28 wholly owned stores in the Paris region, 6 stores in the Netherlands and 4 stores within Barcelona, Spain.
- FREYR Battery Is An Interesting Play On EVs: At Rock Bottom
- Analysts Upgrade GXO Logistics, Its First Quarter Says It All
- The Bottom Is In For AppLovin; Reversal Is Next
- Exact Sciences Serves Investors Exactly What They Wished For
- Shockwave Medical, Fast Grower, In Boston Scientific’s Sights?
Receive News & Ratings for Safestore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safestore and related companies with MarketBeat.com's FREE daily email newsletter.