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Safestore (LON:SAFE) Reaches New 52-Week Low - Should You Sell?

Safestore logo with Real Estate background

Shares of Safestore Holdings Plc (LON:SAFE - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 624 ($7.71) and last traded at GBX 632.50 ($7.82), with a volume of 460028 shares trading hands. The stock had previously closed at GBX 652 ($8.06).

Safestore Trading Down 3.0 %

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 company's 50 day moving average price is GBX 717.99 and its two-hundred day moving average price is GBX 799.71. The firm has a market cap of £1.38 billion, a PE ratio of 522.73, a P/E/G ratio of 2.05 and a beta of 0.86.

Safestore Company Profile

(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.

Further Reading

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