Safestay (LON:SSTY) Shares Down 10.9% – Should You Sell?

Safestay plc (LON:SSTYGet Free Report) was down 10.9% on Tuesday . The stock traded as low as GBX 19.60 ($0.25) and last traded at GBX 19.60 ($0.25). Approximately 104,471 shares changed hands during mid-day trading, an increase of 495% from the average daily volume of 17,562 shares. The stock had previously closed at GBX 22 ($0.28).

Safestay Trading Down 0.5 %

The company has a debt-to-equity ratio of 160.52, a current ratio of 0.45 and a quick ratio of 1.27. The company’s 50 day moving average is GBX 23.36 and its two-hundred day moving average is GBX 24.79. The firm has a market cap of £13.25 million, a P/E ratio of -21.25 and a beta of 1.34.

Safestay Company Profile

(Get Free Report)

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.

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