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

Safestore Holdings Plc (LON:SAFE)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 837.95 ($10.62) and traded as low as GBX 761.50 ($9.65). Safestore shares last traded at GBX 764 ($9.68), with a volume of 135,700 shares traded.

Safestore Stock Performance

The company has a current ratio of 0.42, a quick ratio of 0.90 and a debt-to-equity ratio of 42.94. The firm has a market cap of £1.67 billion, a PE ratio of 631.40, a P/E/G ratio of 2.05 and a beta of 0.86. The stock’s 50 day moving average price is GBX 857.20 and its 200 day moving average price is GBX 837.95.

Safestore Company Profile

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.