Shore Capital Reiterates House Stock Rating for Safestay (LON:SSTY)

Safestay (LON:SSTY)‘s stock had its “house stock” rating restated by equities researchers at Shore Capital in a report issued on Tuesday, MarketBeat reports.

Safestay Trading Down 5.3%

Safestay stock opened at GBX 18 on Tuesday. The stock has a 50-day moving average price of GBX 20.17 and a 200 day moving average price of GBX 21.84. The company has a market capitalization of £11.69 million, a price-to-earnings ratio of -22.50 and a beta of 1.34. The company has a quick ratio of 1.27, a current ratio of 0.45 and a debt-to-equity ratio of 160.52. Safestay has a 52 week low of GBX 17.50 and a 52 week high of GBX 26.79.

Safestay (LON:SSTY) last issued its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 0.73 EPS for the quarter. Safestay had a negative return on equity of 1.16% and a negative net margin of 1.74%. Sell-side analysts anticipate that Safestay will post 24.0500009 EPS for the current year.

Safestay Company Profile

Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.

Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.