Safestay (LON:SSTY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Safestay plc (LON:SSTY)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 24.69 ($0.31) and traded as low as GBX 22.14 ($0.28). Safestay shares last traded at GBX 22.14 ($0.28), with a volume of 12,006 shares trading hands.

Safestay Stock Performance

The firm’s 50 day moving average price is GBX 24.02 and its two-hundred day moving average price is GBX 24.74. The company has a debt-to-equity ratio of 160.52, a quick ratio of 1.27 and a current ratio of 0.45. The firm has a market cap of £14.94 million, a PE ratio of -23.96 and a beta of 1.34.

Safestay Company Profile

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.