Safestore (LON:SAFE) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Safestore Holdings Plc (LON:SAFEGet Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 831.69 ($10.80) and traded as high as GBX 853 ($11.08). Safestore shares last traded at GBX 843 ($10.95), with a volume of 178,970 shares trading hands.

Safestore Price Performance

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 has a 50 day simple moving average of GBX 877.04 and a 200-day simple moving average of GBX 831.69. The stock has a market cap of £1.84 billion, a price-to-earnings ratio of 696.69, a PEG 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.

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