Safestore Holdings Plc (LON:SAFE - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 591 ($7.29) and last traded at GBX 591 ($7.29), with a volume of 124248 shares trading hands. The stock had previously closed at GBX 601 ($7.41).
Safestore Stock Down 1.8 %
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 firm has a market capitalization of £1.29 billion, a P/E ratio of 487.60, a P/E/G ratio of 2.05 and a beta of 0.86. The stock has a fifty day moving average price of GBX 687.78 and a two-hundred day moving average price of GBX 789.92.
Safestore (LON:SAFE - Get Free Report) last announced its quarterly earnings data on Thursday, January 16th. The company reported GBX 92.40 ($1.14) earnings per share for the quarter. Safestore had a net margin of 118.32% and a return on equity of 13.58%. Research analysts forecast that Safestore Holdings Plc will post 42.6926692 EPS for the current year.
Safestore Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, March 13th will be paid a dividend of GBX 20.40 ($0.25) per share. This represents a yield of 3.42%. This is a positive change from Safestore's previous dividend of $10.00. The ex-dividend date is Thursday, March 13th. Safestore's payout ratio is presently 2,479.34%.
Insider Activity
In related news, insider Avis Darzins purchased 1,581 shares of the company's stock in a transaction on Thursday, January 16th. The shares were bought at an average cost of GBX 628 ($7.74) per share, for a total transaction of £9,928.68 ($12,241.01). Corporate insiders own 2.77% of the company's stock.
Safestore Company Profile
(
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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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