Safestore (LON:SAFE) Shares Cross Below 200 Day Moving Average – What’s Next?

Posted by Simon Gomez on Feb 26th, 2025

Shares of Safestore Holdings Plc (LON:SAFE – Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 756.57 ($9.59) and traded as low as GBX 598 ($7.58). Safestore shares last traded at GBX 604.19 ($7.66), with a volume of 628,856 shares.

Safestore Stock Performance

The firm has a market capitalization of £1.33 billion, a P/E ratio of 5.02, a P/E/G ratio of 2.05 and a beta of 0.86. The stock has a fifty day simple moving average of GBX 622.55 and a two-hundred day simple moving average of GBX 755.16. The company has a debt-to-equity ratio of 41.53, a current ratio of 0.89 and a quick ratio of 0.90.

Safestore (LON:SAFE – Get Free Report) last released its quarterly earnings data on Thursday, January 16th. The company reported GBX 92.40 ($1.17) EPS for the quarter. Safestore had a return on equity of 12.38% and a net margin of 118.32%. On average, research analysts predict that Safestore Holdings Plc will post 42.6926692 EPS for the current year.

Safestore Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, March 13th will be given a dividend of GBX 20.40 ($0.26) per share. This is a boost from Safestore’s previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. This represents a dividend yield of 3.42%. Safestore’s payout ratio is presently 24.73%.

Insider Activity at Safestore

In other Safestore news, insider Avis Darzins acquired 1,581 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were acquired at an average price of GBX 628 ($7.96) per share, with a total value of £9,928.68 ($12,583.88). 2.77% of the stock is owned by insiders.

Safestore Company Profile

(Get Free Report)

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.