Safestore (LON:SAFE) Sets New 1-Year Low – Here’s What Happened

Safestore Holdings Plc (LON:SAFE) hit a new 52-week low on Monday . The company traded as low as GBX 723.50 ($9.19) and last traded at GBX 727 ($9.23), with a volume of 93630 shares changing hands. The stock had previously closed at GBX 744.50 ($9.46).

Safestore Trading Down 2.4 %

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 firm has a market capitalization of £1.59 billion, a price-to-earnings ratio of 608.68, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86. The firm’s 50 day moving average is GBX 826.53 and its 200 day moving average is GBX 834.69.

About Safestore

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.