Safestore (OTCMKTS:SFSHF) Cut to Hold at Barclays

Barclays downgraded shares of Safestore (OTCMKTS:SFSHF) from a strong-buy rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

Separately, Oddo Bhf raised Safestore to an “outperform” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Safestore presently has a consensus rating of “Hold”.

Safestore Price Performance

Shares of Safestore stock opened at $10.99 on Tuesday. Safestore has a 1-year low of $6.97 and a 1-year high of $11.01. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.28 and a current ratio of 0.28. The business has a 50-day moving average of $9.87 and a 200-day moving average of $9.11.

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.