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

Safestore Holdings Plc (LON:SAFEGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 837.95 ($10.62) and traded as low as GBX 761.50 ($9.65). Safestore shares last traded at GBX 764 ($9.68), with a volume of 135,700 shares changing hands.

Safestore Price Performance

The company has a 50-day moving average of GBX 857.20 and a two-hundred day moving average of GBX 837.95. The company has a debt-to-equity ratio of 42.94, a current ratio of 0.42 and a quick ratio of 0.90. The stock has a market capitalization of £1.67 billion, a PE ratio of 631.40, a P/E/G ratio of 2.05 and a beta of 0.86.

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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