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Safestore (LON:SAFE) Stock Price Passes Above 200-Day Moving Average - Time to Sell?

Safestore logo with Real Estate background

Safestore Holdings Plc (LON:SAFE - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 831.69 ($10.80) and traded as high as GBX 853 ($11.08). Safestore shares last traded at GBX 843 ($10.95), with a volume of 178,970 shares.

Safestore Price Performance

The firm has a market capitalization of £1.82 billion, a P/E ratio of 696.32, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86. The company has a debt-to-equity ratio of 42.94, a quick ratio of 0.90 and a current ratio of 0.42. The business has a 50 day simple moving average of GBX 877.04 and a two-hundred day simple moving average of GBX 831.69.

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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