Safestay (LON:SSTY) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Safestay plc (LON:SSTYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 24.58 ($0.30) and traded as low as GBX 23.07 ($0.29). Safestay shares last traded at GBX 23.90 ($0.30), with a volume of 77 shares trading hands.

Safestay Stock Down 2.1 %

The company has a debt-to-equity ratio of 160.52, a quick ratio of 1.27 and a current ratio of 0.46. The business has a 50 day simple moving average of GBX 24.38 and a 200-day simple moving average of GBX 24.60. The firm has a market capitalization of £14.94 million, a price-to-earnings ratio of -2,575.00 and a beta of 1.34.

About Safestay

(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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