Safestay (LON:SSTY) Share Price Passes Above 50 Day Moving Average of $19.18

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Safestay plc (LON:SSTY)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 19.18 ($0.25) and traded as high as GBX 19.75 ($0.26). Safestay shares last traded at GBX 19.75 ($0.26), with a volume of 89,411 shares traded.

The firm has a market cap of £12.77 million and a PE ratio of -2.64. The business has a 50-day moving average price of GBX 19.22 and a two-hundred day moving average price of GBX 16.37. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 234.25.

In related news, insider Michael Hirst sold 97,142 shares of the stock in a transaction on Friday, March 26th. The stock was sold at an average price of GBX 20 ($0.26), for a total value of £19,428.40 ($25,383.33).

Safestay Company Profile (LON:SSTY)

Safestay plc operates and develops traveler accommodation under the Safestay brand in the United Kingdom. It provides overnight hostel accommodation services and owns properties. The company serves families, backpackers, and business travelers. Safestay plc was incorporated in 2014 and is based in London, the United Kingdom.

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