Safestore (LON:SAFE) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Safestore Holdings Plc (LON:SAFEGet Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 795.39 ($9.74) and traded as low as GBX 651.50 ($7.97). Safestore shares last traded at GBX 664.50 ($8.13), with a volume of 494,668 shares trading hands.

Safestore Trading Down 4.2 %

The stock has a market capitalization of £1.39 billion, a PE ratio of 526.04, a PEG ratio of 2.05 and a beta of 0.86. The company has a quick ratio of 0.90, a current ratio of 0.42 and a debt-to-equity ratio of 42.94. The business’s 50-day moving average is GBX 704.60 and its two-hundred day moving average is GBX 795.39.

About Safestore

(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.

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