Safestore (OTCMKTS:SFSHF) Cut to Strong Sell at Kepler Capital Markets

Kepler Capital Markets cut shares of Safestore (OTCMKTS:SFSHF) from a hold rating to a strong sell rating in a research note released on Tuesday morning,Zacks.com reports.

Several other brokerages have also commented on SFSHF. Barclays lowered shares of Safestore from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Oddo Bhf upgraded shares of Safestore to an “outperform” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold”.

Safestore Stock Performance

Shares of SFSHF stock opened at $10.99 on Tuesday. The business’s fifty day moving average price is $9.87 and its 200 day moving average price is $9.11. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.38. Safestore has a 1-year low of $6.97 and a 1-year high of $11.01.

About Safestore

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.