Safestore (LON:SAFE) Stock Price Crosses Above Two Hundred Day Moving Average of $816.38

Safestore Holdings Plc (LON:SAFE)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 816.38 ($10.93) and traded as high as GBX 911 ($12.20). Safestore shares last traded at GBX 908.50 ($12.17), with a volume of 178,766 shares traded.

Safestore Stock Performance

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 company has a 50 day simple moving average of GBX 854.87 and a 200-day simple moving average of GBX 817.66. The stock has a market capitalization of £1.98 billion, a P/E ratio of 750.83, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86.

Safestore Company Profile

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.