Safestore (LON:SAFE) Hits New 1-Year Low – What’s Next?

Safestore Holdings Plc (LON:SAFE)’s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 672 ($8.54) and last traded at GBX 672 ($8.54), with a volume of 57817 shares. The stock had previously closed at GBX 687 ($8.73).

Safestore Stock Up 0.8 %

The company has a debt-to-equity ratio of 42.94, a current ratio of 0.42 and a quick ratio of 0.90. The business has a 50 day moving average price of GBX 783.13 and a 200 day moving average price of GBX 820.92. The firm has a market capitalization of £1.47 billion, a P/E ratio of 552.48, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86.

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.